Refinancing your Mortgage Rogers AR

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

Local Companies

Nabholz Client Service
(479) 621-0529
3301 N 2nd St
Rogers, AR
Ngi Steel Systems
(479) 636-8582
1315 N 13th St
Rogers, AR
Dixie Building Products
(479) 636-8582
1315 N 13th St
Rogers, AR
Jag Construction
(479) 636-1959
204 W Oak St
Rogers, AR
Alpha Electric Inc
(479) 253-9222
Highway 23
Eureka Springs, AR
Heller's Electric Co Inc
(501) 623-7362
205 James St
Hot Springs National Park, AR
Lowe's Home Improvement
(501) 241-1500
2301 T P White Dr
Jacksonville, AR
Tony Martin Associates
(501) 376-7518
Little Rock, AR
Mitchell Jack
(501) 753-2415
1201 W 35th St
North Little Rock, AR
Riley Home Improvement Co
(501) 268-6311
1302 E Race Ave
Searcy, 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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