start portlet menu bar

Web Content Viewer

end portlet menu bar

Home Mortgage Tips & Insights

Articles to help you purchase or refinance your home

Freedom Mortgage - Retired couple views laptop in home

When should you refinance your home?

 

The best time to refinance your mortgage is when current interest rates are significantly lower than the rate you have on your mortgage now.

That’s because nearly all mortgage refinances come with closing costs you will need to pay or add to your loan amount. You want to make paying these costs worthwhile when you refinance your home and lowering your interest rate is often the best way to do it.

You might pay anywhere between 2% and 6% of your loan amount in closing costs when you refinance. You can refinance your home with conventional, VA, FHA, and USDA loans.

start portlet menu bar

Web Content Viewer

end portlet menu bar
start portlet menu bar

Web Content Viewer

end portlet menu bar

Contact Us

Get started today by getting a personalized evaluation of your home loan options from Freedom Mortgage.

877-220-5533