Is now a good time to refinance your mortgage?

How much is the balance of your home mortgage $250,000, $500,000, or $1,000,000? Here’s the great news! Interests rates have fallen rapidly this year from 4.94% to 3.75%. For homeowners with mortgages, the potential savings are not insubstantial. In fact, mortgage holders at rates of 4.94% could see savings at 3.75% for $250K, $500K, and $1M mortgages of $175, $350, and $700, per month. www.1db.com

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