"What kind of mortgages should be

[Abigail F]

refinanced?

[song bird]

- originally-with-high-interest mortgages,- mortgages with adjustable interest rates or those with adjustable interest rates after a certain period of fixed rates (such as 2/28, 3/27, ect.)- mortgages with interest only payments- 15 or 10 year term mortgages: refinance helps lower the monthly payments,- equity loan mortgage: refinance helps reduce rates,- forwarding mortgage: refinance to reverse mortgage helps homeowners have some cash for their own expenses (specially designed for over 62 year old homeowners),Hope my answer gives you the information that you needed to know, and of course if refinance does better for you. You need to do a comparision on this carefully.