Reported 24 days ago
Refinancing your mortgage can often seem intimidating, but there are key scenarios when it makes financial sense. You might want to consider refinancing if interest rates drop significantly, your credit score improves, or you're looking to change your loan term or eliminate mortgage insurance. Additionally, tapping into home equity or switching from an adjustable-rate to a fixed-rate mortgage are also valid reasons. Assessing your unique financial situation will help determine if refinancing is a good decision for you.
Source: YAHOO