Common Pitfalls to Avoid When Refinancing Your Home Loan
Refinancing your home loan can offer great financial benefits, but there are several pitfalls to avoid to ensure it’s a wise decision. Pitfalls: Overlooking Closing Costs: Refinancing involves closing costs, which can range from 2% to 5% of your loan. If you don’t plan to stay in the home long enough to recoup these costs, […]