Mortgage - Bankerology

Is There a Catch to Refinancing Your Mortgage?

Refinancing a mortgage can offer savings, but hidden costs, loan term extensions, and credit requirements can make it less beneficial than it seems. Weigh all your options to make sure its the right choice for you!

Kristin Pfeffer

Oct 2, 2024

How Much Does It Typically Cost to Refinance a Mortgage?

Refinancing a mortgage costs 2% to 5% of the loan amount, so weighing fees against potential savings is essential.

Oct 2, 2024

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