Joint Use Forum »

Mortgage refinance

(1 post)
  • Started 1 month ago by margaretbrooks
  1. margaretbrooks
    Member

    What about applying for a mortgage refinance? I have some financial constraints and need to lower my monthly payment for my home mortgage.

    Is it a good solution? I read an article and came to know, homeowners who refinance every few years, rarely pay off their mortgages within 30 years, increasing the amortization period and setting themselves up to pay thousands more in interest. This puts their families in a precarious position should job loss or illness result in an inability to make mortgage payments.

    I would like to know more about the above details. If it is a good choice, I would like to meet some mortgage brokers helping with mortgage refinance services ( https://www.streamlinemortgages.ca/home-refinance ) . Expecting your replies. Thank you.

    Posted 1 month ago #

RSS feed for this topic

Reply

You must log in to post.