• News on Mortgage continually updated from thousands of sources around the net. Date: Tuesday, December 28, 2010, 10:22am MST - Last Modified: Tuesday, December 28, 2010, 10:45am MST Banking & Financial Services L&G Mortgagebanc • Refinance Your Home Refinancing is when you decide to take a new mortgage on your current home to lower your interest rate, lower your monthly payments,