My brother and I co-own some property and our bank is pressuring us to refinance at what they say is a better rate, but we're getting conflicting advice about whether this actually benefits us or just generates fees for them, and we don't know how to evaluate their motivations.
More people experience this than they realize.
Uncertainty about institutional incentives makes it difficult to assess apparently beneficial offers.
“Where Are You with How banks work?”
If this sounds familiar, the Library can help you find the bigger picture.