Have you seen the rates lately? I still consider anything under 8-10% to be a bargain. We might not see the 3-4% days for a while, but look back many years and you’ll see 8%, 10%, 12%, and even higher! Here’s some recent information that I found….
According to the Mortgage Bankers Association of America, Americans refinance their home mortgage loans every four years. But how do Americans know it is time to refinance? How do they know which refinance loan to choose?