One of the biggest reasons homeowners refinance their mortgage is to obtain a lower interest rate and lower monthly payments. By refinancing, the borrower pays off their existing mortgage and replaces it with a new one. This can often be accomplished with a no-points no-fees loan program, which essentially means at “no cost
Rain City Guide
Your Guide to the Seattle Real Estate Market
Everyone is always looking at how they can save money. Refinanceing their mortgage is an option most research, but sometimes it will not save you much.
Walt