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September 11th, 2008

Can Refinancing Benefit You?



With rates falling (as of yesterday the Conforming 30-year FRM was 6.03%, down from 6.34% on Friday), now is a great time to run the numbers and calculate if refinancing your mortgage can benefit you. With our Refinance Calculator it’s important to know the real costs — and potential savings — before making a move.

With this easy-to-use, interactive refinancing worksheet, consumers can see how their existing mortgage payments might change if they were to refinance, and, just as important, how long it would take to recover any closing costs associated with refinancing.

For more information, read our articles “Who’s Refinancing?” and “Refinance: Is It Right for You?”

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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