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Old 03-26-2009, 09:22 AM   Topic Starter
e_train69 e_train69 is offline
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Join Date: Dec 2001
Location: Oklahoma
Casino cash: $4154900
Refinancing Home!

I know there are a lot of financial gurus on the planet here, so I thought I run this by you.

I am looking at refinancing my home and am a little nervous about overlooking any details. I know there can be a lot of hidden costs. I am currently on a 30 year fixed loan at a 5.75% interest rate. I am looking to refinance to a 15 year loan. I checked with my current loan company (Countrywide) and they can do a 15yr. fixed rate at 4.75%.

The question is: is it worth it to refinance, and what are some hidden costs or problems I should look for.
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