Time to Re-Fi?
Wow, rates are down, way low, so you ask yourself is it time to refinance? It's all complicated but a good, simple rule of thumb is if you can lower your rate by 1% or more, go for it. You should be able to get low or no closing costs due to the current economic climate. This past week just made home buying and refinancing very affordable. Take a look at the Texas rates on the lower right side bar. Wow! It also depends on your personal situation 100% to what you do financially and doesn't cost anything to find out. As always, buyer beware.