When Should I Refinance?
Most people choose to refinance if they need their mortgage payments to be a little less every month or they would like to reduce the amount of interest they pay throughout their mortgage term.
Consolidating a mortgage and a home equity loan to help even out payments is another reason people choose to refinance. Refinancing can be very beneficial to save your hard earned money but it’s important to remember that it is not always the right option for everyone.