Re: Refinancing Strategies

On 2008-04-08 10:50:39 -0700, Augustine <evandro@[EMAIL PROTECTED]
> said:

> I an thinking on starting by calling the current loan holder and
> asking for a rate reduction, hopefully at no out-of-pocket cost.

No! Your current mortgage holder is the worst place to begin. You can 
save a lot by shopping around among other lenders. Here is an excellent 
web site that has a lot of useful information about mortgages, how to 
find the best rates, how to avoid tricks and scams, etc.:

http://www.mtgprofessor.com/
 

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators
strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond.  For all of the other tips and suggestions, see "FROM
THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on
the
Newsgroup.