Before you decide if and when to refinance your mortgage, you should consider:
If you can lower your mortgage interest rate by one percentage point, refinancing may be a good deal. As mortgage rates go lower, this rule of thumb may become less meaningful. Other factors also ultimately affect your decision, such as how long you plan to live in the home.
Do you have a high adjustable interest rate?
You may qualify under the FHA Secure program that puts less emphasis on credit history.
Jason Huffman (336)-774-9969 ext. 1
fpmhuffman@yahoo.com