mortgage rate apr difference
 mortgage rate apr difference
mortgage rate apr difference

 

The current credit crisis to the bursting of the bubble in the subprime mortgage rate presaging a significant increase in seizures of property.

Many people have turned to refinancing to save their hard earned money in existing loans.

Or, perhaps the prime rate is lower than it was when you financed, and you want to enjoy lower rates.

The thing you must understand about refinancing is that the process costs money, not just a few dollars either! Refinancing costs thousands of dollars and it takes time to refinance to pay for itself.

How do you know when it is time to refinance your home? Knowing when to make your move may seem more like an art than a science, but it is purely mathematical.

Do not be lured by teaser rates, you will pay add on the cost of your monthly payments.

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