What is Rate and Term Refinancing?

What is Rate and Term Refinancing | Alex Doce

Exploring a refinance because you want to lower your monthly mortgage payment? A rate-and-term refinance is one of the most reliable methods for meeting this important financial goal.  During the rate-and-term refinancing process, you’ll pay off your old mortgage by taking out a new mortgage, one with a lower interest rate, a longer term, or […]