Making the decision to Refinance your mortgage can be very difficult. Especially with so much conflicting refinance information out there. Here is one of many popular myths:
Myth: Refinancing Into a New 30-Year Mortgage is Starting Over.
False.
Refinancing into a new 30-Year Mortgage isn't starting over. With a lower rate, lower payment and more equity the extra time on the loan can be a positive. The lower mortgage payment can increase your monthly cash flow or it will allow you to put extra money to pay down your mortgage sooner depending on your goals.
For more myths on refinancing visit Free Reports at Kansas City Mortgage Group.
Kansas City Mortgage Group
www.kansascitymortgagegroup.com
Friday, May 11, 2007
Subscribe to:
Posts (Atom)