Thinking about refinancing your mortgage? Before you take the plunge, check out this video! 🏠 1. Know that refinancing isn’t free. Expect to pay about 2%-5% of the loan amount, which can range from $10,000 to $25,000. 2. You have the option to reset your mortgage term. Choose between 15 or 30 years. 3. Consider locking in your interest rates or opting for a fixed-rate mortgage. Deciding whether to refinance involves several factors, so make sure to weigh all these considerations otherwise it co