Credible Operations, Inc. NMLS# 1681276, “Credible.” Not available in all states. www.nmlsconsumeraccess.org.
Many homeowners are taking advantage of historically low mortgage interest rates by refinancing their home loans. The opportunity to land a low annual percentage rate, or APR, is fueling the refinance market at a time when many experts predicted the market would cool. That’s because a low APR means saving money on interest, which can significantly reduce how much you owe on your home.