What is your income? We need more info than this. If you can afford a higher mortgage monthly go for it.
Mortgage refinance of a property is quite hassle free and usually a good idea to save money.Borrowers who find it difficult to meet their repayment obligations due to financial constraints opt for refinancing their property.
http://worldbestloans.com/Mortgage%20Loan.htm
There are various repayment options that can be chosen by borrowers and lenders mutually.
Sell the house.
Buy a cheaper property cash.
Pocket the difference.
Cha Ching!
Not enough info. Why do you want to refi? What is your objective?
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