Williamson, Stacey J.; Hayhoe, Celia Ray (Virginia Cooperative Extension, 2009-05-01)
Most people consider refinancing their home mortgage to take advantage of lower interest rates and reduce their monthly mortgage payment. Refinancing a mortgage means paying off your old mortgage and signing a contract for a new loan. Whether to refinance your mortgage is a difficult question to answer, and considerations in this publication will help make that decision easier.