Mortgage Refinancing
Great question. Some argue that the value of the dollar loses value through time - therefore you should just stay with the mortgage you currently have. Others will say that by getting a better rate you save money, of which you can invest. But honestly, how many of us would take that extra amount of money saved and use it to invest? Most people consider their homes to be their biggest investment.
At the end of the day, yes. But be on the lookout for hidden fees (such as a pre-payment), or hidden mortgage lender fees. Those extra costs might wipe out any gains you may have made from refinancing your original loan.