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When should one switch refinance mortgage companies?

Question: When should one switch refinance mortgage companies?

(Posted by: Dancey D on 2008-02-07 04:27:46)


Answers:

Posted by: gimeabrak2000 on 2008-02-07, 04:30:39

When you find a lower intrest rate, but check out the fees first

  

Posted by: Emmy on 2008-02-07, 04:31:24

Many different reasons. To consolidate bills To lower monthly payment When the interest rate is greater than 1.5% lower than your current mortgage. If you want to use the equity in your home for something, or any of the above reason. You may not have to switch companies to refinance.

  

Posted by: Honore on 2008-02-07, 04:32:08

When the rates are low. and they will be lowered yet again.

  

Posted by: pegsterh82 on 2008-02-07, 04:44:38

When rates are low. Double check your paper work because we are seeing a lot of mistakes being made by companies on refianances!! Trust me you dont want me working your loan. :)

  

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