since we're talking about mortgages

[mopinko]

18. refi- no, it's not a non-factor. it's a direct factor.

for most ppl, the biggest and sometimes only, investment they have is their home. the biggest expense is the interest. cutting into that is just math. simple math.
re- equity loans- the more equity u have, over and above what u r borrowing, the cheaper they r. again, simple math.