Can I refinance my mortgage to take advantage of lower rates?

Yes, you can refinance your mortgage to take advantage of lower rates. Refinancing involves replacing your current mortgage with a new one that has a lower interest rate, potentially reducing your monthly mortgage payment and saving you money over the life of the loan. However, it's important to consider the closing costs and fees associated with refinancing to make sure it makes financial sense for you. Additionally, lenders may have specific requirements and guidelines for refinancing, so it's important to check with your lender or a mortgage professional to determine if refinancing is a good option for you.