If you're a homeowner, your mortgage payment is probably your largest monthly expense.

So it's wise to say alert for opportunities to refinance your home loan for a lower

interest rate and cut your payment. Plus your financial circumstances and needs today may

differ from when you originally got your mortgage.

In this podcast I'll cover what a mortgage refinance is, common reasons for doing one, and

tips to know when it's right for your situation.

Hey friends welcome back I'm Laura Adams an award-winning author,

money speaker, founder of the money stack newsletter and host of Money Girl

with over 43 million downloads.

I also work as an on-camera financial spokesperson and partner with select brands for PR and content

marketing.

As always, you can learn more and email me at Laura D Adams.com and if you're getting value

from the free money girl content we love creating consider submitting a five

star rating or review of the podcast.

We would really appreciate that.

And if you have a comment or a money question,

please leave it on our voicemail line.

That's 302, 364038.

I'd love to answer your question on a future show.

All right, so let's talk about what a mortgage refinance is.

It's simply when you get a new mortgage

that pays off and replaces your existing one.

...