Question by clemmie mayer: How do you go about refinancing your mortgage?
I have a 5 year interest only mortgage and just closed on my condo 4 months ago. It appears rates are lower. How do I go about refinancing and what are the advantages? If it’s lower should I autmoatically do it?
Answer by researched it
Take a look at the federal government’s refinance program to make homes more affordable and see if you qualify. I’ve attached an article to help you out. The article spells out what you should do if you think you qualify.
Know better? Leave your own answer in the comments!
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