Refinancing your Mortgage Rutland VT

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

Local Companies

Gary Fournier Home Improvement
(802) 775-1633
70 Lafayette St
Rutland, VT
Fournier's Warren Home Improvement Center
(802) 868-4977
123 N River St
Swanton, VT
N R Painting & Home Improvmnt
(802) 366-8086
Bondville, VT
Kjf Enterprises
(802) 295-5671
788 Hartford Ave
White River Junction, VT
B & D Painting Contractor
(802) 865-9215
54 Intervale Ave
Burlington, VT
Jaynes & Berge
(802) 457-2226
Mill
Woodstock, VT
What If Maintenance
(802) 879-9561
54 Maple St
Essex Junction, VT
Cook Brad Home Repairs
(802) 496-6339
Waitsfield, VT
Custom Home Improvements
(802) 464-2589
134 E Dover Rd
Wilmington, VT
Delabruere Painting & Design
(802) 334-9107
233 Prospect St
Newport, VT

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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

Featured Local Company

Clancy Real Estate

518-861-7016
23 Indian Maiden Pass
NY, NY
http://www.clancyrealestate.com


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