This Technique Could Reduce Monthly Mortgage Payments Without Refinancing

·3 min read

A lower monthly mortgage payment may seem like a very attractive proposition since it will free up some wiggle room in your budget. You made a commitment to a lender and must keep to your loan terms. Refinancing can be a good way to reduce your payment -- if you're able to qualify for a new loan at a lower interest rate than you're currently paying.

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