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One could refinance their mortgage when the interest rate decreases. However, one must also think the amount they have to pay to refinance their mortgage.

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Q: When should one refinance their mortgage?
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Every person should refinance their mortgage after five years.?

Every person should refinance their mortgage after five years.


Where can one find a mortgage refinance lender in Detroit?

One can find a mortgage refinance lender in Detroit by going to websites such as Zillow. On websites such as these one will find a list of mortgage refinance lenders.


How can you refinance your home for a mortgage?

In order to refinance your home, you should look for a reputable mortgage broker. Work with the broker to find a good plan to refinance you home by looking at you current mortgage.


How can one refinance their mortgage?

One can refinance their mortgage through their local banks or credit unions. One can also refinance their mortgage through the help of websites, run by companies such as Lending Tree and Quicken Loans.


The current refinance mortgage rate is calculated using a formula that is determined by what organization?

There is no specific organization that determines the current refinance mortgage rate, however there are ways to calculate whether or not one should refinance on online calculators.


What are home refinance options for one's mortgage?

There are many different home refinance options for one's mortgage. Some of the home refinance options for one's mortgage are: refinancing one's home through a bank, and doing the same online.


What are the benefits of a va refinance option?

"There are many VA refinance options. You may refinance your VA mortgage for a lower rate, you may cash out, or you may refinance your current mortgage to a VA mortgage if you qualify for one."


What should one know before they refinance a home?

Before a homeowner refinances a home, they should consider how much less a mortgage payment will be after a refinance. They should also consider the differences between a fixed rate mortgage and an ARM mortgage rate. These factors can dictate how long it will take to repay a mortgage.


What companies offer a no fee mortgage refinance?

There are many companies that claim to offer a no fee mortgage refinance. Such services are never free, it always costs something to refinance one's mortgage.


Where can one learn how to refinance own mortgage online?

There are many places online where a person can learn how to refinance their own mortgage. Websites such as, quickenloans, homeloans, and mortgage-calc all have info on how someone can refinance their own mortgage.


Where can one get mortgage refinance costs?

To get mortgage refinancing costs, one needs to speak to a representative of the current mortgage company. Alternatively, one should seek advice from a financial adviser.


Should I refinance my mortgage?

yes because you will be morgaged.