Is this right right time for me to refinance?

Yes. I would refinance now. Current rates on a 20 yr fixed have been @ 3.875% - 4.125% over the last month. I would also look at a 15 yr fixed. I lend nationwide. ENG Lending, A Division of Bank of England, always puts your best interest first. We would appreciate the opportunity to serve you. Please visit us at www.cincinnatimortgagerate.net. You will soon find that we are so much more than a Mortgage Banker; we are a company that is dedicated to empowering our clients and referral partners. Don't forget to visit our Facebook Fanpage at http://www.facebook.com/pages/ENG-Lending-Cincinnati/171183536269710?sk=wall Or Call Anytime 513-403-6260

This would be a perfect time to refinance... rates are very low... much lower than your 6.9%... The best advice I can give you is to contact a LOCAL mortgage broker, not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Yes, if fact there has never been a better time. Work with a local Mortgage Banker/Broker and have hem work out for you the different options: Pay the costs by adding into loan balance or by adding to rate. You will probably find that adding them to the loan costs you much less in the long run. They will also calculate the difference in payments for different terms. You may find that if you are willing to keep you payments where they currently are, the difference in terms could cut your remaining term in half. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Hiyes yes yes!! it is for certain the right time to refinance! your rate is so high! rates are at an all time low...never before have they been this great! please call me at your convenience. There is no obligation. We can go over the options for you together. You may even be able to get a 15 year mortgage for what you are paying now! I can also show you how to pay off that 15year in 12 short years! it will only take 10 minutesof your time to get the answer you are looking for.AndreaNations Lending877.816.1220 ext 2214