Thinking of refinancing

May 28, 2008

Well since they have lowered the interest rates a few times, we keep getting all these advertisements letters from mortgage lenders offering to refinance us. I look over the paperwork and the balance to refinance it just appears to me that all the money we have paid over the past soon to be two years would be a wash and personally I am just not sure that is the best option for us just yet, since the loan is still fairly new. But some of the offers sure sound tempting but over all would not save us much money, but is perfect for someone who has a sub prime loan!

Posted by Scrap Happy | Filed Under Scrap Bin