Refinancing Your Mortgage: What Mortgage Lenders Want You To Know
When you have a mortgage on your home, you're typically locked into the rate you received, whether it's fixed or variable, for the life of your mortgage. However, that doesn't mean that you can't refinance your mortgage to either adjust your payment, get a better rate, or gain other benefits. Here's a look at a few times when you might want to call your mortgage lender about the possibility of a refinance.