refinance questions: when should i refinance my home loan?
I live in San Diego and i found a good site where i can apply for
re financing and then i get several offers in my email from banks and
i can just pick the best deal for me.
http://www.fast-personal-loans.nzso.com But the site didnt have any
info on the best time to consider refinancing, when should i consider
refinancing my home loan?
-You should re-fi when you (a) can get a better loan than what
you currently have and (b) the cost of the re-fi can be recovered
in a reasonable period of time.
A part (a) for example...you have a 30 year 8% loan with 24
years remaining. Y