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 ...
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.
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
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 ...
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 ...
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 ...
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
When does it make sense to refinance my mortgage loan? Is there some kind of
rule of thumb to go by? That depends on your reasons for refinancing. If you're ...
Feb 9, 2012 ... When rates fell to 4.5%, the rush to refinance was more substantial. ... One rule of
thumb is that if you plan on moving within five years, ...