Finance

When Is It a Mistake to Re-Finance?

Posted by on October 25, 2009 at 2:59 pm

Many homeowners make the mistake of thinking re-financing is always a viable option. However, this is not true and homeowners can actually make a significant financial mistake by re-financing at an inopportune time. There a couple of classic example of when re-financing is a mistake. This occurs when the homeowner does not stay in the [...]

Benefits of Re-Financing

Posted by on October 24, 2009 at 9:46 pm

There are a number of benefits which may be associated with re-financing a home. While there are some situations where re-financing is not the right decision, there are a host of benefits which can be gained from re-financing under favorable conditions. Some of these benefits include lower monthly payments, debt consolidation and the ability to [...]