Saturday, April 13, 2013

Looking to Bolster Your Cashflow With a Home Mortgage Refinance? Consider These Tips

http://www.entrepreneur.com/article/226187

There is no such thing as free money. But refinancing your mortgage to get a lower interest rate is just about as close as you can get.

The average interest rate for the benchmark 30-year fixed mortgage was 3.78 percent this week, according to the most recent national weekly mortgage survey from Bankrate.com, the online personal finance resource headquartered in North Palm Beach, Fla. That average includes 0.37 discount and origination points. With mortgage interest rates hovering below 4 percent, refinancing your home mortgage right now can lower your monthly payment and free up capital for your business.
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