What is Mortgage Refinancing?

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What is mortgage refinancing?

Rounding it up

  • Refinancing your mortgage is when you replace your original mortgage with a new one.

  • You can refinance to change your interest rate or loan term.

  • Refinancing can bring down your monthly payments, reduce your overall interest payments, or let you access your home’s equity.

  • Refinancing is not always the way to go; do some calculations beforehand to confirm if it’s right for you.

7 min read

Cedric Jackson
#mortgage#loan#mortgage refinancing#interest rates

Cedric Jackson

Cedric Jackson is a crypto writer, sharing his experience to educate and inform people about Bitcoin, cryptocurrency, and blockchain technology, aiming to provide a global perspective on the events shaping the development of the new crypto economy.

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