The Relationship Between Equity and Refinancing
What happens to your hard-earned equity when you replace your mortgage contract?
There are so many reasons why homeowners choose to refinance. The chance to secure a shorter or longer term, reduced monthly installments, competitive interest rates, owning the home sooner, switching to a fixed or adjustable-rate...there's a variety of things you can accomplish with a mortgage refinance.But what about the equity you have spent yea...