Mortgage Tip: When refinancing, there will always be legal costs.

The cost to refinance your mortgage depends on the strategy you use to access equity or lower your interest rate.  No matter which strategy you use you will always incur legal costs as a lawyer must change the financing on Title.  Typical costs range from $450 to $700.

Tip:  Some lenders have promotions that could pick up these costs if you move over to them.