Over the past decade, mortgage refinancing has grown in popularity. Not that big of a surprise, considering weâve seen a sizable drop in mortgage rates during this time. At the height of the housing crisis in 2008, rates averaged about 6% for a 30-year fixed-rate mortgage . Currently, the average rate for a 30-year fixed […]
The post Hereâs How To Refinance A Mortgage (And Know If Itâs Right For You) appeared first on SoFi.
If you’re tired of havingÂ mortgage debt, refinancingÂ from a 30-year loan to a 15-year loan will allow you to pay it off faster. On top of that, you’d also pay less in interest, as shorter loans come with better rates. Refinancing … Continue reading →
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