Purpose of Refinancing

This section should provide an overview of why homeowners choose to refinance and what it entails.

This section should explain how refinancing can lower monthly mortgage payments, including the impact of reducing interest rates or changing loan terms.

This section should explain the benefits of reducing interest rates through refinancing, including lower monthly payments and total interest paid over the life of the loan.

This section should explain how refinancing can allow homeowners to change the terms of their loan, such as switching from an adjustable-rate to a fixed-rate loan, and the potential benefits of doing so.