Refinancing could make sense if you want to lower your interest rate, get rid of mortgage insurance or change loan terms ...

Mortgage rates have dropped, but refinancing is not always the right move.The first rule is to check if your current rate is at least 1% higher than today’s average. For example, refinancing a ...

One common misconception is that refinancing is free or that it costs the same with every lender. And this isn't the case at all -- refinancing comes with closing costs, just like when you obtain a ...