With interest rates at historic lows, you may be wanting to know if this is a good time to refinance your home loan . Here are some things to consider when making a decision on whether or not to refinance: • How low is the rate? When you factor in closing costs and fees, a fractional rate reduction may not save you any money. Your mortgage lender can crunch the numbers and help you determine if refinancing makes sense. • How long do you have left on your current loan? If you