Good time for a Remedial Refinancing Refresher. Really.

Posted by Bloom Realty on Monday, January 1st, 2001 at 1:00am.

Refinancing refresher
By: Alan Aptheker
 
It’s been a while since the Federal Reserve unveiled its mortgage refinancing website, “A Consumer’s Guide to Mortgage Refinancing.”  It hasn’t advertised it lately.  Not pointing fingers here, but there’s probably no great clamor from the banks (i.e., the FDIC’s customers) to remind borrowers just how much lower the rates have fallen since 2008. It’s a great resource that has answers to frequently asked questions about the refinancing process. You can determine when refinancing makes sense, what a refinancing will cost, and whether to switch into a different type of mortgage: federalreserve.gov/pubs/refinancings/default.htm

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