Posted in Refinance

  Given recent interest rate movements and a significant number of fixed-rate loans due to expire this year, refinancing is on many borrowers’ minds. If you fall into this category, you may wonder how much refinance costs. Let us break down typical refinance costs for you. 1. Mortgage application fee If you’re switching lenders, you will likely have to pay a mortgage application or establishment fee. This covers the cost to your new lender of processing your applica...