Three Good Reasons to Refinance Your Mortgage
Saving more on your mortgage doesn’t need to be difficult. Backed by historically low rates and community-based member service, refinancing your home mortgage with TEG FCU has never been easier!
1. To take advantage of lower interest rates
Refinancing a home loan with a lower mortgage rate can help you reduce your monthly payments and pay less interest over the life of the loan. The traditional rule of thumb says to refinance if your rate is at least 2% below your current rate. You might also be able to qualify for a better rate if your credit score has improved. …
