Here’s When to Refinance Your Home… and When to Avoid It
Mortgage interest rates are a little better than they were a year ago, but they remain higher than they’ve been in two decades. Still, there are many homeowners out there who might find the prospect of refinancing their mortgages appealing for a number of different reasons. After all, there are a lot of mortgage loans out there with interest rates that are even higher what’s currently available, so these homeowners can potentially save money by refinancing.
But of course, before you choose to refinance your mortgage, it is important to assess your situation and consider your reasons for wanting to refinance because some reasons are simply better than others. And some reasons can even be detrimental.
Here are the best and worst reasons to refinance your home mortgage. more “The Best (and Worst) Reasons Why to Refinance Your Home Mortgage”
