As homes evolve over the years incorporating new technology and innovation into them, current and future home owners have to be sure to keep up on what's coming next. Think smart. Homes are getting faster and more environmentally friendly all over the world and consumers expect them to be in prime locations. People are willing to have a more compact living space in order to be in a prime area featuring restaurants, bars, grocery stores they can walk to instead of using their car.

January 1, 2018, President Donald Trump’s new 7 year tax reform law became effective.

Refinancing a mortgage means the homeowner is getting a new mortgage to replace the original. There are a variety of reasons why homeowners choose to refinance, like to lower their interest rate, shorten their loan term, or remove their monthly mortgage insurance. No matter the reason, it’s important to ensure that it’s the right time for you to make this financial decision. So exactly when should you refinance your mortgage? Here are three elements to look for:

Mortgage rates are low, which means refinancing is quickly becoming one of the most popular mortgage applications submitted to lenders. For homeowners throughout the country, refinancing to a lower rate can be a smart, cost-effective option. If you decide a refinance is right for you, then it’s important to get the best rate from your lender. Here are today’s best strategies on how to refinance to the best rate possible: