Refinancing your mortgage can be a powerful money-saving move, but it can also become expensive quickly. Between application fees, appraisals, and closing costs that can total thousands, a refinance sometimes costs nearly as much as buying a home. The good news? You can lower these costs — both up front and over the life of your loan. Here’s how to get a low-cost refi and keep more of the savings where they belong: in your pocket. What makes a refinance 'low cost'? When mortgage refinance lenders advert ...