There are several reasons you might consider refinancing your mortgage loan, but one of the most common? That’d be to lower your interest rate. As you probably know, interest rates fluctuate constantly. One week they’re up, and the next they’re down. Throw in the...
The more you pay down your mortgage, the more equity you have in your home. And the more equity you have? The more cash you can access in a refinance. Yes, you read that right: more equity equals more potential cash. It’s called a cash-out refinance, and it...
