Does home mortgage loan refinancing make sense for you? Your home is your biggest investment. Even though you still owe money on your mortgage, you can use the equity you've already built to your advantage. If you're not sure whether to refinance right now, take a look at what you need to know about mortgage loans, making changes to the terms, and more.
What Does Mortgage Loan Refinancing Mean?
As the name implies, you are refinancing (or financing again) your home mortgage loan.