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  1. Apr 12, 2024 · 1. Rate-And-Term Refinance. A rate-and-term refinance allows borrowers to change the interest rate and loan terms of an existing mortgage. This tends to be a beneficial option when refinance rates are lower, and a borrower can pursue more favorable terms with their lender.

  2. Mar 25, 2024 · Refinancing replaces your current mortgage with a new one, adjusting the rate, term or both. With refinancing, you can change the loan type as well as your lender. To refinance a mortgage,...

  3. Mar 6, 2024 · A mortgage refinance replaces your current home loan with a new one. Often, people refinance to reduce their interest rate, cut their monthly payments or tap into their home’s equity. Others...

  4. Aug 12, 2022 · A mortgage refinance is when you take out a new loan—ideally one with better terms—to pay off your current one. Similar to getting your first mortgage, you’ll generally need decent credit,...

  5. 5 days ago · Current 30 year-fixed mortgage refinance rates are averaging 7.76% The current average rate for a 15-year fixed mortgage refinance is 6.99%

  6. 6 days ago · Advertiser Disclosure. Refinancing Your Home Loan. Find the best refinance rates in your area. Learn about when refinancing makes sense for you—and how you can qualify. Read expert advice on...

  7. FOR HOMEOWNERS. Your life and goals change. Your mortgage can too. Don't miss out on savings or discovering how your home can help you reach financial goals. Contact us today for your free Official Mortgage Review ®. Get My Review. It's your mortgage. Use it. Take Cash Out.

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