To refinance or not to refinance? That is the question

Before you consider refinancing your existing mortgage, it’s important for you to determine the break-even point, which represents how soon the cost of the refinance will be recaptured through lower monthly payments. The answer to this question depends on multiple factors. Here's what you need to know before refinancing. If you're looking for a top-notch mortgage advisor in New Jersey, call us at (732) 722-5819.