Back to learn
What is mortgage refinancing?
Rounding it up
Refinancing your mortgage is when you replace your original mortgage with a new one.
You can refinance to change your interest rate or loan term.
Refinancing can bring down your monthly payments, reduce your overall interest payments, or let you access your home’s equity.
Refinancing is not always the way to go; do some calculations beforehand to confirm if it’s right for you.
Cedric Jackson
Cedric Jackson is a crypto writer, sharing his experience to educate and inform people about Bitcoin, cryptocurrency, and blockchain technology, aiming to provide a global perspective on the events shaping the development of the new crypto economy.
Related articles
Can new immigrants buy a house in Canada?
9 mins
Gaby PilsonNewcomers can buy a home in Canada, but you need to meet a few requirements first. Here’s what you need to know to secure those keys.
Can new immigrants buy a house in Canada?
9 mins
Gaby Pilson
Newcomers can buy a home in Canada, but you need to meet a few requirements first. Here’s what you need to know to secure those keys.
#home ownership
#mortgage
#newcomer
#home
Should I pay off my mortgage early?
7 mins
Gaby PilsonIf you have a mortgage and spare cash, you might have considered paying off your loan early. Review the pros and cons before you decide.
Should I pay off my mortgage early?
7 mins
Gaby Pilson
If you have a mortgage and spare cash, you might have considered paying off your loan early. Review the pros and cons before you decide.
#mortgage
#loan
#home ownership
What is an accelerated mortgage payment?
4 mins
Dan BuchererAre the benefits of an accelerated mortgage payment worth the hassle and extra fees? It really depends on your mortgage.
What is an accelerated mortgage payment?
4 mins
Dan Bucherer
Are the benefits of an accelerated mortgage payment worth the hassle and extra fees? It really depends on your mortgage.
#mortgage
#accelerated mortgage payment
#loan
#home ownership
Mortgage vs home equity loan: Differences and similarities
5 mins
Dan BuchererCalling all current and future homeowners: Do you know the differences between mortgages and home equity loans? Learn all about them here.
Mortgage vs home equity loan: Differences and similarities
5 mins
Dan Bucherer
Calling all current and future homeowners: Do you know the differences between mortgages and home equity loans? Learn all about them here.
#mortgage
#home equity loan
#loan
#home ownership
How do interest rates affect my savings?
6 mins
Dan BuchererThink interest rates don’t matter when it comes to your savings account? Think again — these numbers can affect your future in so many ways.
How do interest rates affect my savings?
6 mins
Dan Bucherer
Think interest rates don’t matter when it comes to your savings account? Think again — these numbers can affect your future in so many ways.
#interest
#interest rates
#saving
#investment
What is a home equity loan?
7 mins
Lee MorganHome equity loans are just one of the many ways to borrow money. Here’s everything you need to know about this “equity-tapping” instrument.
What is a home equity loan?
7 mins
Lee Morgan
Home equity loans are just one of the many ways to borrow money. Here’s everything you need to know about this “equity-tapping” instrument.
#home
#home equity loan
#mortgage
#loan