Refinancing your house

It depends if you are refinancing as in changing mortgage companies, if you are fully paid off and getting a new mortgage, or if you are partly paid off and getting a bigger mortgage. Look at what fees are involved, compare interest rates of mortgage companies, look at what sort of loan you want - eg interest free, an offset account, and look at the penalties if you repay early. Most importantly, look at your ability to repay the loan, remembering that interest rates can rise.