Tag: Recasting Mortgage Payments

Posted on 08/05/2022
Mortgage: Recasting your monthly payments
Recasting mortgage payments is a little-known gem when it comes to homeowner finances. It’s often viewed as a method to lower monthly payments without extending the length of your loan term. But what exactly is mortgage recasting? Are there any disadvantages to it? What about my interest rates? Will my overall loan balance increase or decrease? Here’s a...
+ 4 more
Read More