{"id":3888,"date":"2022-11-23T05:13:51","date_gmt":"2022-11-23T05:13:51","guid":{"rendered":"https:\/\/www.microsoft.com\/en-us\/microsoft-365-life-hacks\/?p=3888"},"modified":"2024-08-27T05:31:47","modified_gmt":"2024-08-27T05:31:47","slug":"what-does-mortgage-refinancing-mean","status":"publish","type":"post","link":"https:\/\/www.microsoft.com\/en-us\/microsoft-365-life-hacks\/budgeting\/what-does-mortgage-refinancing-mean","title":{"rendered":"What Does Mortgage Refinancing Mean?"},"content":{"rendered":"<div class=\"main-content\" data-grid=\"col-8\">\n<p class=\"c-paragraph-3\">You may find your dream home when interest rates are higher than you would like, but it may be worth buying anyway despite high rates. Your mortgage interest rate doesn\u2019t have to be high for the entire duration of the loan: Mortgage refinancing can help you save money and lower your mortgage payments when the interest rates are more favorable. <\/p>\n<\/div>\n<div class=\"full-bleed-image\"><picture class=\"c-image\"><source srcset=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2022\/11\/002-1600x600-1.jpg\" media=\"(min-width:767px) and (max-width:1600px)\" \/><source srcset=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2022\/11\/002-1600x600-1.jpg\" media=\"(min-width:540px) and (max-width:767px)\" \/><img decoding=\"async\" src=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2022\/11\/002-1600x600-1.jpg\" srcset=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2022\/11\/002-1600x600-1.jpg\" alt=\"\"\/><\/picture><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage refinancing can help you save money on interest and complete life goals that may require larger amounts of money.<\/p>\n","protected":false},"author":1,"featured_media":3886,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[28],"class_list":["post-3888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budgeting","tag-budgeting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Does Mortgage Refinancing Mean? \u2013 Microsoft 365<\/title>\n<meta name=\"description\" content=\"See ways to save money and lower your mortgage payment through the mortgage refinancing process. 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