Mar 21, 2012 ... If you're considering refinancing your mortgage, you may have searched for the “
refinance rule of thumb” to help you make your decision.
Sep 20, 2010 ... The old rule of thumb that you shouldn't refinance unless the new mortgage rate
is at least 1 percent less than the old interest rate isn't the best ...
Jul 16, 2011 ... Rules of Thumb for refinancing your mortgage are hard to come by. The one I've
heard most often is “Refinance your home when interest rates ...
The typical rule of thumb is that if you can reduce your current interest rate by
0.75-1% or higher then it might make sense to consider a refinancing move.
www.mtgprofessor.com/A - Refinance/when_does_refinancing_really_pay.htm
Jan 23, 2001 ... "Since it costs money out of my pocket to refinance, how do I know ... This widely
used rule of thumb is a misapplication of the principle that ...
Apr 27, 2009 ... There used to be a rule of thumb that said "Don't refinance unless you could drop
the interest rate by 2 percentage points." And that rule of ...
Aug 15, 2014 ... When weighing whether to refinance, many people rely on a rule of thumb that a
reduction of 1 percentage point makes refinancing worthwhile.
When it comes to mortgage refinancing, however, such rules of thumb can be
misleading. The interest rate cut required to come out ahead will vary
Jun 17, 2010 ... There is no rule of thumb, to many factors. But what you should look for is a good
savings every month and abilty to recoup closing fees in ...
Apr 12, 2011 ... Confused as to whether you should refinance your mortgage? ... Back in the day,
the rule of thumb was to refi a mortgage when the rate had ...