Receiving an offer to refinance can feel like a rite of passage for new homeowners. Oddly enough, it normally doesn’t take long for the offers to appear. That may be because you can generally refinance a mortgage in as little as six months, according to NerdWallet. Whether you express interest or not, the offers to …
Should I Refinance My Mortgage?
When your inbox and mailbox are constantly flooded with offers to refinance, then it’s only natural to ask the question: Should I refinance my mortgage? Considering your situation, options, and goals carefully can help you make a smart choice.
How Does Refinancing Work?
If you have a mortgage and a mailbox, then you’ve probably received at least one offer inviting you to consider refinancing. Frankly, you’ve probably received way more than one, so it’s only natural to wonder, “How does refinancing work?” It’s fairly simple.