Learn

Plain answers to common mortgage questions, whichever mortgage you choose.

• Should I refinance my mortgage?

  How to decide whether refinancing your mortgage will save you money: what it costs, how to find your break-even point, and when it may not be worth it.

• What happens to my mortgage when rates fall?

  What falling interest rates do, and don’t do, to fixed-rate and adjustable-rate mortgages, including when refinancing makes sense and how else to benefit.

• Are adjustable-rate mortgages a bad idea?

  How adjustable-rate mortgages work, including the index, margin and rate caps, who they can suit, the risks, and what to ask a lender before choosing one.