The Federal Reserve is transitioning wire transfer messaging from the current FAIM format to ISO 20022, a modern, global financial messaging standard. During this transition the wire platform in our Business Online platform will be unavailable from 4:00 PM on July 11th until 7:00 am on Monday, July 14th.
How long will it take to break even on a mortgage refinance? That depends on a multitude of factors including your current interest rate, the new potential rate, closing costs and how long you plan to stay in your home. Use this calculator to sort through the confusion and determine if refinancing your mortgage is a sound financial decision. Click the "View Report" button for a detailed look at your records.