Refinancing Your Mortgage

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Never Underestimate the Power of Refinancing Your Mortgage

This post comes to you in partnership with Refily. This post is by me (Eric) and features my own opinions. There were several significant milestones where I felt like a real grown-up, and one of them was getting my first mortgage. But I felt like a financially savvy grown-up after refinancing that mortgage, and another … Read more

Is Refinancing Your Mortgage Always a Good Idea?

Is Refinancing Your Mortgage Always a Good Idea?

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.

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