5 Things to Know Before You Refinance

A refi could cut your monthly mortgage payment, but that doesn’t necessarily mean it’s the right move.

Even though rates spiked after the election and may rise further after the Fed meets December 14, there are about four million borrowers who will still benefit from refinancing, and of that, two million borrowers could save $200 or more per month by refinancing.

There are many reasons to refinance, but here’s what you should know before you act. READ MORE

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