Knowing when to refinance is almost as important as knowing how to refinance. Common mortgage mistakes can cost you thousands. Here is all you need to know to avoid mistakes.
There are a variety of reasons for refinancing your home. Lower interest rates, lower monthly payments, cash out, and get better terms are all terrific reasons to refinance. If you currently have an adjustable rate mortgage you may be concerned about rising interest rates; refinancing to a fixed rate mortgage will guarantee rising interest rates won