Bills Budget Home Repair Refinancing 
Savings Corner
APRIL 4, 2024
Key takeaways 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. Here’s how refinancing a mortgage works, the common options available to you and pros and cons to consider. What is refinancing?
Savings Corner
APRIL 4, 2024
Many borrowers use them to pay for major home repairs or renovations, like finishing a basement , remodeling a kitchen or updating a bathroom. Others use them to pay off high-interest credit card debt or other bills. $16 This might help shield your budget from fluctuating-rate increases. homeowners as of year-end 2023.
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