There are thousands of people in the United States right now who are itching to refinance their mortgage. This is happening for good reason: Interest rates are at record lows, and nobody knows for how long this time of low interest rates is still going to continue. The housing market is already picking up again, so it could be that the low interest rate bonanza is not going to last much longer.
Before you rush into refinancing your mortgage, though, there are some important things that you really should know about. After all, just refinancing your mortgage is not a guarantee that you will actually get better conditions than before. Going for refinancing the wrong way could actually cost you money, and a lot of it. This is why, before you go ahead and refinance, first check out this article on the 5 Questions to Ask Before Refinancing Your Mortgage. Click here to learn more.