If you’re a homeowner, the Fed’s decision on future rate cuts could mean big savings on your mortgage. 💸 Here are two strategies to consider:

 

Refinancing: replace your loan and potentially lock in a lower rate

Recasting: keep your loan, but lower your monthly payments if you’ve paid down the principal

 

Both are great options but come with their own benefits and drawbacks. Watch the video to learn more! 👇