Mortgage Refinance

We’ve all heard the terms “mortgage” and “interest” in movies, TV shows, and even books. But what exactly are they? Interest rates are the percentage at which money can be borrowed or earned, typically in reference to loans or investments. Low interest rates make borrowing cheaper, encouraging spending and investment, while high interest rates make…

The reasons for refinancing a home are many and varied. Refinancing involves the rearrangement of the original loan terms in order to accomplish a certain goal. The vast majority of mortgages are entered into with no thoughts of refinancing. But certain circumstances may necessitate a change in the original arrangements. Changing Mortgage Terms Some of…