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.
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.
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 ...
Apr 12, 2011 ... Lowering the interest rate on a mortgage is the primary reason most homeowners
refinance their home loan. Back in the day, the rule of thumb ...
Many homeowners believe there is some magic rule-of-thumb for refinancing,
such as the often-quoted two percent rule. I still see this "rule" mentioned all over
www.mtgprofessor.com/A - Refinance/when_does_refinancing_really_pay.htm
Jan 23, 2001 ... How Do You Know Whether Mortgage Refinancing Pays? ... Many loan officers
use this rule of thumb, which completely ignores how rapidly ...
The traditional 2 percent rule of thumb for mortgage refinance may not apply. If
the rates on new mortgages have declined since you took out your current loan, ...
Jun 17, 2010 ... Refinance in Virginia Beach, VA - ... There is no rule of thumb, to many factors.
But what you should look for is a good savings every month and ...
Apr 28, 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 ...