How will you Know if Its a lot of fun to Refinance? step one. Straight down Interest rate One of the most prominent reasons to re-finance is always to safe less interest. During a thirty-12 months mortgage, you might end purchasing quite a bit of interest. Reducing your rates will save you tons of money over living of the financing. Caution: There are up-side costs associated with refinancing. To ensure that the new interest deals tend to exceed these types…