Should I Refinance My Mortgage?

If you’re thinking about refinancing your mortgage, it’s important to weigh the pros and cons of doing so.

With rates on mortgages hovering around 4%

01.

03.

Reducing your total monthly payment

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There are many reasons why someone may not want to refinance their mortgage.

on a mortgage if you have less equity in your home.

on a mortgage if you have less equity in your home. A refinancing will not improve your credit score.

If you are considering refinancing your mortgage, be aware that refinancing won’t always result in a lower interest rate.

Refinancing your mortgage can help you save money on your payments and can also increase the length of your loan term.