Read everything carefully before signing. What will be your fees to ? Bankrate.com has a nice tool on their Web s There are just a few questions you need to answer to get clarity on this important dilemma. Be clear about what fees you'll face. Watch out for the hype. Should You Refinance? What kind of interest rate savings will you nail? Be careful of the fraudulent. Jean Chatzsky writes: Whether or not it makes sense to refinance depends on the interest rate now. Once you obtain all these information, ask for the same information from other lending companies. In this way, you can start comparing the costs of each loan and decide which one has the best mortgage rate.
