{"id":26,"date":"2026-09-10T15:00:00","date_gmt":"2026-09-10T15:00:00","guid":{"rendered":"https:\/\/www.angeleanmortgageloans.com\/blog\/2026\/09\/10\/mortgage-refinancing-myths-and-costs-to-check\/"},"modified":"2026-09-10T15:00:00","modified_gmt":"2026-09-10T15:00:00","slug":"mortgage-refinancing-myths-and-costs-to-check","status":"publish","type":"post","link":"https:\/\/www.angeleanmortgageloans.com\/blog\/2026\/09\/10\/mortgage-refinancing-myths-and-costs-to-check\/","title":{"rendered":"Mortgage Refinancing Myths and Costs to Check"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/angelean-monteiro\/mortgage-refinancing-myths-remotion-videos-2aff\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Shopping around matters: pull at least 3 same-day quotes, then compare APRs, not just rates, to see lender fees and strengthen your negotiating leverage.<br \/>\nRefinancing is not free. Closing costs usually run 2% to 5% of the new loan, so calculate your break-even point before moving forward.<br \/>\nA lower rate alone does not guarantee savings. Refinancing into a fresh 30-yr loan can reset the clock and increase total interest paid.<br \/>\nRefinancing swaps your primary lien for a new one, so it should not complicate a future sale. Cash-out options require extra caution.<br \/>\nExpect a credit check. Strong credit and DTI under 36% help secure top offers, and borrowers denied before can often improve and reapply.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shopping around matters: pull at least 3 same-day quotes, then compare APRs, not just rates, to see lender fees and strengthen your negotiating leverage. Refinancing is not free. Closing costs usually run 2% to 5% of the new loan, so calculate your break-even point before moving forward. A lower rate alone does not guarantee savings. [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":27,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/posts\/26","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/comments?post=26"}],"version-history":[{"count":0,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/posts\/26\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/media\/27"}],"wp:attachment":[{"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/media?parent=26"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/categories?post=26"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/tags?post=26"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}