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Refinance Corner
Should You Refinance

Deciding when is the right time to refinance depends on what you are trying to accomplish.  Circumstances differ from borrower to borrower.  Many people think that interest rates need to decline at least 2% in order for it to be financially beneficial to refinance a mortgage.  This is not always the case.  And sometimes just because interest rates have gone down does not mean it is always a good decision to refinance. 
Look closely at each scenario and decide which applies to your personal circumstances.

• Interest rates have declined.
• I need extra cash for another expense such as an addition or college education.
• I would like to lower my monthly obligations.
• I would like to pay off my home sooner than 30 years.
• I need to take someone off the title and mortgage of my property.

 

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Who Is The Mortgage Corner®		Why The Mortgage Corner®		Our Customer Testimonials
At the Mortgage Corner® of New England you can count on low rates, no "junk fees" and prompt service.  Our referred business allows us to keep costs down so we can give you what you need - low rates and low closing costs.		Our 60 years of combined mortgage experience business can help you with all your mortgage needs. We are a local mortgage broker with national lenders. When you talk with us you talk to the owners. We guarantee great service!		"You provided us with great service"    SM North Kingstown, RI "We found the lowest rates and we closed in less than 30 days" JG Natick MA "We would recommend your company to anyone." JR Warren RI