Ignite FB Tracking PixelTag: Home Refinancing - Nicole Strom

Tag: Home Refinancing

Posted on 12/12/2022
Mortgage: Recasting your monthly payments
Recasting mortgage payments is a little-known gem when it comes to homeowner finances. It’s often viewed as a method to lower monthly payments without extending the length of your loan term. But what exactly is mortgage recasting? Are there any disadvantages to it? What about my interest rates? Will my overall loan balance increase or decrease? Here’s a...
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