Here's what you need to know about financing your home with a loan of 80/20 mortgage.

There are many different reasons people choose to refinance their mortgages.

Again another important factor driving refinancing is the time you have decided to stay in this house.

In fact, over the long term, less than 2 percent of professional fund managers have been able to consistently earn the after-tax return on stocks of more than 10 to 15 percent per year.

You can enjoy the benefits of refinancing if you can get an interest rate of 2 per cent below the rate on your current loan.

If real estate values ​​have increased since you took out your mortgage, you're sitting on a pile of money that could be useful.