Refinancing your mortgage usually makes sense if you can lower your interest rate by at least two points. But the most important question to ask yourself is, how long will it take you to break even?

Since the sale of her business Barbara Corcoran has become a prominent figure in the New York real estate scene. She is also a business consultant via her consulting and televison production business Barbara Corcoran Inc. As a television personality Barbara Corcoran is a "Shark" investor on ABC's Shark Tank.

As a television personality Barbara Corcoran is a "Shark" investor on ABC's Shark Tank.