Four Signs You Should Not Refinance Your Mortgage

Refinancing a mortgage basically means you pay off your existing mortgage with a new one. Homeowners refinance for a number of reasons, but there are several situations in which you may want to avoid refinancing. If any of the following statements are true, you may want to avoid refinancing 1. Your existing mortgage interest rate is lower than the refinance rate One of the main reason homeowners refinance is to receive a lower interest rate. Read More