Typically, it pays to refinance a home if interest rates are at
least two percentage points lower than what is currently paid. However,
every situation is different. Some lenders are offering reduced fees or no
points.
The Commonwealth of Massachusetts
Secretary's Office has developed a Mortgage
Refinancing Worksheet that acts as a guide to help estimate if a refinanced
is worth it and what the refinanced payment amount would be.
Berkshire County Board of Realtors® -
99 West Street, Suite 200 Pittsfield, MA 01201-5845 413-442-8049 Sandra
J. Carroll, Chief Executive Officer - Sue
O'Brien, Member Services Administrator- Stacy Buhl, Office Clerk