refinance

5 ways and reasons to refinance your mortgage

5 reasons to refinance your mortgage
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5 reasons to refinance your mortgage | Hero Images/Getty Images

5 reasons to refinance your mortgage

Though mortgage rates have rebounded some from the lows seen in 2016, they remain very attractive. Many homeowners are refinancing before rates go higher.

Yes, you can save money by doing a simple refinance in which you swap a lower rate for your existing higher rate. But that's just one way -- and one reason -- to refinance. There are at least four other reasons.

Here are some of your options.

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