FHA loan Archives - i Loan Rate

Current Interest Rates: If rates have dropped since you took out your mortgage, refinancing could save you money.
Your Credit Score: A higher credit score can qualify you for better rates.
Home Equity: Having sufficient equity in your home can help you get favorable terms.
Your Financial Goals: Whether you aim to lower your monthly payments, pay off your mortgage faster, or use your equity for other expenses, your goals will influence your timing.

Refinancing Your Home: When is the Best Time? Refinancing your home can be a strategic move to lower your monthly payments, reduce your interest rate, or tap into your home equity for other financial goals. However, the timing of your...