Refinancing is a fantastic way for homeowners to save money on mortgage payments, improve their homes, and move closer to accomplishing financial and personal goals.
When you begin to research home loans, you will come across numerous different mortgage products. Some of these products can save you money, while others may not be designed for people in your particular circumstances.
So how do you know when refinancing is the right move? There can be a few moving pieces to that determination and everyone has a different circumstance.