Mortgage Refinance Checklist #2: Does It Make Financial Sense?
Sometimes fees and penalties mean that you barely break even with a refi, so you definitely want the numbers on your side before getting started.
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This is the second installment of our refi checklist series. In the first one, "Your Goals," we helped you decide what you wanted to get out of a refi: lower payment, shorter term, cash out, change of lender, or some combination of all four.
This time we delve into a list of financial considerations for refinancing. After all, if it's not...