The act of replacing an existing loan, such as a home mortgage, with a new loan that has better terms, such as a lower interest rate or different term. The objective often is to lower the borrower’s monthly payments.

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Mortgage Rates Fall In July 2019

Current mortgage rates are lower than they were last month. Rates on home loans are still historically low and a little easier to obtain, too.

How Mortgage Refinancing Saved Me $200,000

My husband and I weren’t planning to refinance our mortgage. But the savings I found were just too good to pass up.

VA Loan Eligibility

If you want to purchase a home using a VA loan, you must prove you have the military service to qualify. That proof is called a certificate of eligibility.