You can refinance home mortgage loans with any lender – you don’t have to stay with your current one. A refinance is a new start – you take out a new mortgage, your new lender pays off your old Read More
When does refinancing make sense?
When refinancing to a lower mortgage rate, the key factor is whether you’ll save money. In other words, will you save enough with a lower rate to offset the closing costs you pay to refinance? So how do you Read More
Why do people refinance?
There are many reasons for refinancing a mortgage. Here are some of the more common ones: To get a lower rate: If mortgage rates have fallen or your credit has improved since you took out your current mortgage, you may Read More
Refinance Mortgage
If you own a home, there’s a good chance you’ll do a mortgage refinance at some point. Few borrowers stay with their original home loan for a full 30 years; most either refinance or sell the property long before the full term Read More
Getting Ready to Refinance
Reasons to Refinance The first step in deciding whether you should refinance is to establish your goals. The most common reasons for refinancing a mortgage are to take cash out, get a lower payment or shorten your mortgage term. Read More