Safari, the world’s most comprehensive technology and business learning platform.

Find the exact information you need to solve a problem on the fly, or go deeper to master the technologies and skills you need to succeed

Start Free Trial

No credit card required

O'Reilly logo
Is Refinancing the Right Financial Move for You?

Book Description

This Element is an excerpt from Homebuyers Beware: Who’s Ripping You Off Now?--What You Must Know About the New Rules of Mortgage and Credit (ISBN: 9780137020164) by Carolyn Warren. Available in print and digital formats.

The six questions you must ask before you refinance--and the answers that can save you a fortune!

Working as a loan officer, I’ve advised homeowners not to refinance, even though it meant forgoing a commission. To determine whether refinancing is a good financial move, you must look at all sides of the equation, not just the monthly savings. Here are the six questions to ask when you’re considering a refinance....