Home ownership for many is a vital part of achieving their part of the American Dream. I can understand as a home can feel like something you’ve worked hard for and will hopefully be a source of improving net worth as well as a place to build lifelong memories. With interest rates being at historic lows, this has allowed more families to possibly realize that dream and move into a house. It has also brought a steady rise in mortgage refinancing for those looking to make their mortgage payments go further. To be honest, it makes sense as refinancing your mortgage can potentially save you tens of thousands of dollars over the life of the mortgage.