Refinancing? Be Sure to Weigh the Costs

Updated

Home refinancings have climbed to their highest level in over a year as homeowners, spurred by rock-bottom interest rates, race to lock them in. As rates continue to dwindle lower, consumers are seeing this as an opportunity to refinance not just once, but multiple times. But it's not an across-the-board type of decision and in some cases, says one mortgage broker, the benefits may be questionable. "Just because you get a 0.5 percent drop on

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