What Are the Best 15-Year Refinance Rates?
Homeowners seeking to refinance have a number of options available. If you have a 15-year mortgage or are seeking to convert a longer term mortgage into a shorter term, there are several options to consider. Mortgage rates fluctuate weekly, even daily; therefore, finding the type of mortgage that suits you is perhaps as important as the interest rate you’ll be charged. Your Credit Before exploring your mortgage options you should obtain your credit reports and credit scores from the three credit reporting bureaus: Trans Union, Experian and Equifax. You can get these reports for free from AnnualCreditReport.com and pay the small fee to obtain your credit scores. Carefully examine your credit reports to check that the information is correct including creditors, credit balances and personal information. Incorrect credit reports should be fixed before you apply for credit as a lower credit score can determine if you’ll receive credit and for what terms. Variable Rate Mortgages Some of the
