3 Hacks for Refinancing Your Mortgage in 2018
Planning on refinancing your home this year? If the mortgage interests rates are lower than when you purchased then you can reduce your monthly mortgage payments. Here are 3 hacks for refinancing your mortgage in 2018.
1.) Loan Term Reduction: If you have a 30-year mortgage that you’ve had for several years then choosing a shorter-term refinance, such as a 15- or 20-year mortgage may allow you to enjoy a lower interest rate. You also might consider refinancing a fixed-rate loan into an adjustable-rate mortgage,