Mortgage rates in 2020 hit historic lows, allowing many homeowners to save money by refinancing to a lower rate. Although rates have gone up this year from where they were in 2020, they are still low, opening the door for homeowners who have not refinanced to consider doing so now.
This guide can help you understand how mortgage refinancing works and how you can qualify with the right lender. You’ll learn:
- Are mortgage refinancing rates going down?
- How does mortgage refinancing work?
- How much does refinancing cost?