Can Refinancing Benefit You?
by Tim Manni
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?”
