Williams & Stuart Real Estate
Kate DeSimone, Williams & Stuart Real EstatePhone: (401) 450-4881
Email: [email protected]

Tag: Recasting Mortgage Payments

Posted on 04/24/2022
The basics of recasting your mortgage payments
Recasting mortgage payments is a little-known gem when it comes to homeowner finances. It’s often viewed as a method to lower monthly payments without extending the length of your loan term. But what exactly is mortgage recasting? Are there any disadvantages to it? What about my interest rates? Will my overall loan balance increase or decrease? Here’s a...
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