Q&A: How do you go about refinancing your mortgage?

Question by clemmie: How do you go about refinancing your mortgage?
I have a 5 year interest only mortgage and just closed on my condo 4 months ago. It appears rates are lower. How do I go about refinancing and what are the advantages? If it’s lower should I autmoatically do it?

Best answer:

Answer by researched it
Take a look at the federal government’s finance program to make homes more affordable and glimpse if you sufficed. I’ve attached an article to help you out. The article spells out what you should do if you think you qualify.

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