NCPI Workmark
Articles in regional publications that pertain to a wide range of North Carolina-related topics.

Refinancing Your Home Mortgage: It’s a Matter of Interest

Record #:
30489
Author(s):
Abstract:
Current interest rates are at their lowest level in five years, and with the anticipation of further reductions, North Carolina homeowners are exchanging their high rate mortgage for a new lower rate. The payback method and the net present value method are two approaches used to determine if refinancing is feasible.
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