I am remortgaging and they are charging me a big interest expense next to my conventional transfer of funds why..?

wouldnt it be easier to call the company concerned, you will catch a 100% correct answer from them.

I don't know

But is stupid that your getting charged

Buy and read the book Mortgages for Dummies.

http://www.amazon.com/Mortgages-Dummies-... are you asking why your interst rate is high? if so what's the percentage

I think you are speaking of a per diem interest allowance. If you close your loan on the 15th of the month you would have to wage 15 days interest if due date is 1st of the month. If you closed on the 10th for example you would have to pay envelope 20 days etc. This is because interest is accumulated from morning 1 when you close so interest is paid up front from closing date till the 1st hours of daylight of the next month.

Because close to most Mortgage companies they like to RIP empire off!

Do your homework and don't settle for what they recount you. Ask questions and if they don't soothe you with the answer later go elsewhere.

Sometimes these charges are dubious and if we don't understand them they will embezzle advantage of you.

Are you refinancing your home next to the same ridge? Or is this someone new? Interest rates is something you can shop around for and you shouldn't settle for what they enunciate.

Good Luck
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