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3 Common Refinance Mortgage Mistakes to Avoid

Posted by Bonnie Martin Designated Broker on Thursday, January 10th, 2013 at 7:06am. - Homeowners who are unfamiliar mortgage refinancing, as well as those who are desperate to change their loan conditions, are too often careless and end up making common mortgage refinancing mistakes. No matter what your situation or your reasons for refinancing, it is your responsibility to do the research and learn about the mortgage refinancing process.

Below are some common mortgage refinancing mistakes and how you can avoid them.

Refinancing Mistake #1: Folding in Closing Costs

Refinancing Mistake #2: Extra-Long Loan Term

Refinancing Mistake #3: Adjustable Mortgage Rates

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