Refinancing a Mortgage: What It Means and How It Works
Homeowners typically refinance when mortgage interest rates have dropped, in order to get a lower rate than they currently have.
Refinancing your mortgage means replacing the property’s existing mortgage loan with a new one. Homeowners typically refinance when mortgage interest rates have dropped, in order to get a lower rate than they currently have. Dana Rothstein/Dreamstime/TNS
Refinancing your mortgage means replacing the property’s existing mortgage loan with a new one. Homeowners typically refinance when mortgage interest rates have dropped, in order to get a lower rate than they currently have.
