This past June we were up for mortgage renewal on our home. This was the first time that we’d gone through this and we were confused. How do we get the best mortgage rates?

So we stated to try to get some information from sites that had articles on mortgage refinance and learned a little bit about how to go about renewing our mortgage with the best terms for us.

Our house has almost doubled in value since we purchased it, and we’ve not only kept up with our payments but we also managed to put extra money down. All of these things were in our favor for refinancing- we hoped. After haggling on the phone with our own mortgage company and a few others we finally settled on a variable rate mortgage with a similarly low interest rate as the one we’d had for the past five years.

It helps to do your homework before renewing or refinancing a mortgage. PersonalHomeLoansMortgages.com has a lot of good information on their site for those looking into refinancing a mortgage. Visit their site and read some of their articles.