Mortgage Blog
Quality advice, quality service and the best mortgage rates
How to Get the Lowest Refinance Rate
August 15, 2022 | Posted by: Marc Crossman
Now may be a great time to refinance your mortgage! If you are considering a refinance, there are a few things you can do to help you earn the lowest possible rate:
- Make additional payments to boost your equity. Paying off more of your mortgage will increase the equity in your home, which can lead to lower refinance costs.
- and pay down your debt to improve your debt-to-income ratio.
- Improving your credit and correcting any errors on your credit report will earn you an even better mortgage rate.
If you are interested in discussing a potential refinance, give us a call today at 780 701 3888 or email marc@albertamortgagepros.ca
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