Refinance Your Mortgage and Save in Interest
With interest rates and historic lows, now is a good opportunity to refinance your mortgage. Ilyce Glink tells a reader that refinancing a mortgage to shave as little as 18 months off can save thousands in interest. However, if you choose to refinance, you can put yourself in a bind if you can’t make all of your payments. Ilyce advises you to do the math before you refinance your mortgage, but definitely consider refinancing.