Time To Refinance Your Home Mortgage?

Is it time to refinance your home mortgage? The New York Times thinks so. Rates have dropped, and mortgage applications are up. If your credit is good and you have at least 10 to 20 percent equity in your home, you are a good candidate for refinancing, and this could save you substantial money on your monthly mortgage payment. Read what the Times has to say about this at http://www.nytimes.com/2008/12/04/business/04refi.html?_r=1&adxnnl=1&emc=eta1&adxnnlx=1228496528-TOleZIqt0+u7goQtpYZDNA .