Episode 17: Refinancing Your Mortgage

KEY TAKEAWAYS:

  • Refinancing your mortgage can save you money if you are still locked into your original loan and have a higher interest rate, longer term, or are paying extra costs from a PMI.
  • Be sure that when you refinance that you don’t extend your mortgage, say for another 30 year mortgage, because that will be in addition to the years prior that you have paid a mortgage on your home.
  • GHS is always here for you! Stop in to a branch or call us if you need us at (800) 732-4447.