IF you have a home, Why would you not refinance to a lower rate?
I am a loan officer for National City Mortgage. One of the largest banks in the US. Our rates are awesome, with no junk fees, or extra costs. SO my question is this, as I speak with home owners, what could be the possible reason for someone to turn down a refinance, if they can get a lower rate and save any where from $ 50-$ 200 a month? I am a bit confused and baffeled, so I figured why not ask some of you to see what your reasons could be to say no?