The main benefit of a mortgage refinance is lower monthly payments. A lower interest rate typically means smaller payments. The change in interest rates can also allow homeowners to increase their equity faster. However, there are some things to consider before pursuing a mortgage refinance. Below are some things to consider before deciding whether...

Before you decide to refinance your mortgage, you should look at the current interest rates and determine if the new payment fits within your budget. If possible, you should also consider using a different lender than your current one. Although you don't want to hurt your credit, you should shop around to find the best deal. You should also...