For many U.S. homeowners, mortgage payments are the single largest monthly expense¹. Refinancing can provide relief; by negotiating for a mortgage with a lower interest rate, you may be able to cut costs substantially or take out cash. Thanks to a booming real estate market, homeowners have incredible options for refinancing in 2021. However, you’ll need to collect quotes to get the best possible rate. A quick online search can help you get started.