Drawbacks of refinancing your mortgage loan

Drawbacks of refinancing your mortgage loan Mortgage refinancing may be new to the market but has become very popular among home owners. Every time there is a considerably significant drop in the mortgage rates, lenders have to deal with endless refinancing applications. Simply, refinancing involves taking on a mortgage to clear your existing mortgage. The […]

How refinancing works

How refinancing works If you are looking to reduce your current monthly mortgage rate, convert your home equity into solid cash, switch your payment method to a fixed rate loan and reduce interest rate on your mortgage payment; then refinancing may be the best option. Before you make the conscious decision to refinance your mortgage, […]