Myth: You Must Stay in Your Home 1 Year After You Refinance
False.
When you refinance the most important factor is how fast you start saving money. If it only takes a few months for you to save money, then refinancing might be a great idea. If it will take a couple of years, moving sooner might not be a good idea.
Knowing your goals when you refinance and making sure refinancing achieves your goals will help you make sure your decision to refinance is the right one.
You can find more about refinancing your mortgage on Kansas City Mortgage Group's refinance web page.
Kansas City Mortgage Group
www.kansascitymortgagegroup.com
Tuesday, May 15, 2007
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