The Pros and Cons of Refinancing Your Mortgage in 2025

Refinancing your mortgage in 2025 can be a powerful way to lower your interest rate, change your loan term, or access home equity. However, it’s a decision that requires careful consideration of the costs involved, like closing fees, and the potential risk of extending your loan period. This guide breaks down the key pros and cons to help you decide if refinancing is the right financial move for you.
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