How to Refinance Your Mortgage and Save More in 2025 What Does Refinancing a Mortgage Mean?
Refinancing means replacing your existing mortgage with a new one—often with better interest rates or repayment terms. This can help you reduce costs, pay off your loan sooner, or manage your finances more efficiently. Homeowners typically refinance to:
Get a lower interest rate
Change from a variable-rate to a fixed-rate mortgage
Shorten the...
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