A recent drop in mortgage rates has made refinancing more attractive again, but it still matters how you structure your new mortgage.
With key mortgage rates at 16-month lows, the popularity of refinances looks set to rise. And, for millions with HELOCs, that's likely to be a huge relief.
Squeezing refinance rates down as far as possible is an effort that can pay off over a long period of time.
Retirement affects the priorities you should consider when refinancing, but it does not eliminate refinancing as a viable option.
It is difficult to compare mortgage rates between ARMs and fixed-rate loans, but there are times when it makes sense to make this switch.
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