Tag Archives: Why you need to refinance your mortgage immediately

For years, the mortgage industry has been living off refinancings, which have often accounted for more than 70% of mortgage applications. Now the refi rage is fading, as rising rates make it harder to save money by replacing an old loan with a new one. But homeowners should not give up too quickly. Saving a little isn’t as good as saving a lot, but better than saving nothing. Those who can still refinance to trim their monthly payments would be wise to start hunting for a deal now at LTC […]