A mortgage is also the largest financial commitment that most homeowners ever make. And since terms of a mortgage are generally only for a few years — frequently three to five — you’ll almost certainly have multiple chances to renew before your home is paid off. But here’s the million-dollar question: When is the right […]

in debt to more than one source — be it credit cards, personal loans or car payments — can feel overwhelming. “High rates, multiple due dates and balances that never seem to go down are all barriers making it difficult to move forward.” That’s what mortgage refinancing is for. When you refinance your home, you […]

If you’re a homeowner, you may be staring down one important question: To renew or refinance your mortgage? Though the two words are often used interchangeably, they mean quite different things — and the term you embrace could greatly affect your finances. In this piece, we’ll dissect the difference between mortgage renewal and refinancing, the […]

For most homeowners, a mortgage is not just something you take out once and forget. Over time, however, circumstances change — whether it’s with interest rates, your finances or long-term goals. That’s where refinancing comes in. Refinancing means you take out a new mortgage to replace your existing loan with a new one — and […]