Compare Refinance Rates. When shopping for the best rates, compare refinance rates from lender to lender. Before you decide to take the plunge, take a look at current refinance rates and compare them to the rate you're currently paying.
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It Is Generally Believed That It Is A Good Idea To Refinance If While Comparing Refinance Rates, You Find Out That The Mortgage Rate Is Lower Than Your Current Rate By At Least 1%.
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Sometimes A Lender A Will Offer An Interest Rate Of 3.5% And Lender B Will Offer A 3.75% Rate.
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