Refinancing your Mortgage Bear DE

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

Local Companies

Steve's Home Improvement
(302) 838-1800
Bear, DE
Clifton Robert
(302) 832-9508
2202 Bear Corbitt Rd
Bear, DE
Burke Eric S Custom Home Improvement Company
(302) 834-8677
Bear, DE
Hudson Cc Builders
(302) 934-7292
# 472
Millsboro, DE
A Plus Builders Inc
(302) 697-1154
52 Moose Lodge Rd
Wyoming, DE
Above & Beyond the Call
(302) 529-1701
Wilmington, DE
Home Depot the
(302) 735-8864
801 N Dupont Hwy
Dover, DE
Pro Home
(302) 221-0358
7 Michie Rd
Newark, DE
Lighthouse Builders
(302) 947-0556
31369 Kendale Rd
Lewes, DE
At the Beach Repairs & Maintenance
(302) 684-5377
26526 Lewes Georgetown Hwy
Harbeson, DE

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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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