As of March 2015, rates are still low and it is still a good time to refinance your mortgage, if you haven’t already. Check out this calculator and see if you could be saving money. Be sure to consider closing costs. Analysts expect the Fed to start raising rates after first quarter 2015, so this if this is something you are interested in, you might want to act. You might even consider paying extra on your mortgage instead, and shed years off of your mortgage term by paying down the principal balance earlier on.
Refinance Calculator
