This will help you save your money you will not have to pay interest for long time.
Therefore, if you refinance to a shorter-term mortgage, you can create this equity faster.
You can organize a barbecue evening, serving tequila, and watch the glorious sunset with your guests.

In some cases, however, it may still be advantageous to refinance your home, even if you think you are going to sell in the short term.

Before you can successfully you get a refinance loan home, lenders usually need to evaluate whether or not you qualify for this loan.

Remember that mortgage interest is tax deductible (up to 100% of the value of your home).