Reasons To Refinance (What You Want To Know Wednesdays)
A mortgage will generally be the most debt that you carry and have to manage. It is a good idea to give it a yearly check up. You can also take a look and see if refinancing would benefit you. Some reasons to refinance are:
Mortgage rates drop – Mortgage rates are always changing.
Lower your payments – Refinancing usually means you can lower your payments.
New Mortgage Program – There may be a new program that better suits your mortgage needs.
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* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.