{"id":34,"date":"2026-09-14T15:00:00","date_gmt":"2026-09-14T15:00:00","guid":{"rendered":"https:\/\/www.angeleanmortgageloans.com\/blog\/2026\/09\/14\/us-mortgage-refinance-myths-to-know\/"},"modified":"2026-09-14T15:00:00","modified_gmt":"2026-09-14T15:00:00","slug":"us-mortgage-refinance-myths-to-know","status":"publish","type":"post","link":"https:\/\/www.angeleanmortgageloans.com\/blog\/2026\/09\/14\/us-mortgage-refinance-myths-to-know\/","title":{"rendered":"US Mortgage Refinance Myths to Know"},"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-0eaa\" 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>After more than 25 years navigating both real estate and mortgage landscapes, I\u2019ve seen how common misconceptions around refinancing can cost homeowners real money. Here\u2019s what I always urge my clients to consider: Gather at least three quotes on the same day\u2014then compare APRs, not just interest rates, so you see the full picture, including lender fees. Remember, refinancing isn\u2019t free; closing costs usually run between 2% and 5% of your new loan, so it\u2019s essential to calculate your break-even point before deciding. Also, a lower rate doesn\u2019t automatically mean you\u2019ll save in the long run\u2014restarting a 30-year term can increase your total interest paid over time. Replacing your primary lien with a new one shouldn\u2019t create headaches if you sell down the line, but be especially careful with cash-out refis. Finally, expect a credit check: a strong score and a debt-to-income ratio below 36% will put you in the best position for competitive offers. Even if you\u2019ve been denied before, there\u2019s room to improve and try again. My combined expertise in real estate and mortgages helps clients see these details clearly and make informed decisions.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After more than 25 years navigating both real estate and mortgage landscapes, I\u2019ve seen how common misconceptions around refinancing can cost homeowners real money. Here\u2019s what I always urge my clients to consider: Gather at least three quotes on the same day\u2014then compare APRs, not just interest rates, so you see the full picture, including [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":35,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34","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\/34","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=34"}],"version-history":[{"count":0,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/posts\/34\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/media\/35"}],"wp:attachment":[{"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/media?parent=34"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/categories?post=34"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.angeleanmortgageloans.com\/blog\/wp-json\/wp\/v2\/tags?post=34"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}