5min chapter

Marriage Kids and Money: Personal Finance for Families cover image

Recasting vs. Refinancing: Which Mortgage Option is Better?

Marriage Kids and Money: Personal Finance for Families

CHAPTER

Understanding Recasting and Refinancing Your Mortgage

This chapter delves into the concepts of recasting and refinancing mortgages, highlighting how recasting can reduce monthly payments by adjusting the remaining balance. It also covers the advantages and disadvantages of both options, aiding listeners in determining the best choice for their financial circumstances.

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