Refinancing - Best way to measure costs and gains

Refinancing - Best way to measure costs and gains: "Refinancing is a term in the finance industry that refers to the process of paying off a current or present loan with a second loan. If the situation is right, refinancing can be very beneficial for those who engage in it. So how do you know when the situation is right for refinancing?"

Learn some interesting secrets about timing, and refinancing costs versus benefits.