If you’ve been paying off your current mortgage for a while, it may be a good idea to refinance. By refinancing, you pay off your current loan and replace it with one that (ideally) has more favorable terms. However, it’s important to know whether it’s worth it to refinance your mortgage. During refinancing, you’ll go through the entire application and approval process over again, so it should at least balance out the costs in the end. The Best Times To Refinance A Mortgage Typically, the best times to refinance a mortgage are those that will net you large savings over the life of the loan. These circumstances include: Market rates… read more »