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Refinancing your Mortgage Arkansas

Before you decide to renegotiate your mortgage, carefully consider the potential costs involved...

Local Companies

Lancaster Builders
(479) 272-4133
Plainview, AR

Teamworks Construction
(479) 284-2084
Hector, AR

Moranz Lawn & Garden Equipment Inc
(870) 492-4727
Highway 62 & E Buzza
Mountain Home, AR

Stallmann Construction Co
(501) 455-3345
15314 Alexander Rd
Alexander, AR

Interiors by Design
(870) 935-3800
517 W Thomas Ave
Jonesboro, AR

Town & Country Remodeling
(479) 494-1996
3115 Cavanaugh Rd
Fort Smith, AR

Landmark Building & Remodeling
(501) 888-7161
4808 W Sawmill Rd
Little Rock, AR

Course Chris
(501) 888-6657
6700 Hicks Rd
Mabelvale, AR

Qualls Construction Inc
(501) 767-4783
598 S Rogers Rd
Hot Springs National Park, AR

M & M Siding
(870) 424-4953
1334 Highway 62 W
Mountain Home, AR

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Written by Scotiabank

With today's low interest rates, many homeowners are taking a hard look at the financing of their most important asset. Before you decide to renegotiate your mortgage, carefully consider the potential costs involved.

If your mortgage is closed (that is, you can't pay it ahead of schedule), you may face a penalty when you renegotiate. It may still be worthwhile to refinance. The key is to determine whether the potential interest-rate savings outweigh the penalty.The rough guideline is that refinancing makes financial sense if the refinancing rate is at least two percentage points below your current rate.

Your mortgage specialist can help you crunch the numbers.Let us help you get the upper hand on your home financing. Visit scotiabank.com/upperhand for great tips, calculators and more.

Want to get more information on your home-related financing goals by email? Sign up here.

article at HomeRenovationGuide.com

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Advertising	Family	Home Services	Real Estate Resources
Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History