Shopper's Market: Home refinancing tips

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Mortgage rate climbing higher recently but.

They still remain below the 4% mark -- -- well straight week so with interest rates at all time lows -- time to refinance your.

Home there was a study done by a company called credit sesame.

And they found that average homeowner about twelve million people could actually refinance their mortgages.

And save about 436.

Dollars per month if they would in fact apply for a refinance.

And -- currently two years have a healthy credit score and -- -- home worth more than -- on it.

You're a good candidate to refinance a house.

But money -- -- -- Cox.

First shop around for the best.

Most people fail to shop around.

They simply go to their existing lender or they don't make.

Banks compete for the business a quit and -- -- of your credit report or any misinformation.

Could save you money.

You are in the market for a new home loan.

A mistake could cost you money and make you pay higher interest rate than is necessary.

Home maintenance and upgrades and even leaning we'll help you get a better allow.

Maybe you replace the vanity.

Or you know again slap on a fresh coat of paint.

But that's a great way to give the house.

A more updated look without costing you a lot of money remember to ask for three good faith estimates before deciding on a lender.

A good faith estimate breaks down all the costs of the -- -- you know exactly.

What you're being charged.

In New York Brenda Buttner Fox News.

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