With interest rates low, many fixed-rate mortgage holders are wondering if it's a good idea to refinance to a lower rate. As with most things in finance, the answer is not simple. Depending on your situation, a refi could either be a sure-fire money saver or could end up costing more money than it saves you.
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Sure you can always pop into your online account, but keeping track of your checking offline provides a valuable paper record - not to mention a manual wake up call of your actual spending.
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