does refinancing hurt your credit 
refinancing will hurt your credit score as a credit check is done when you are refinancing your mortgage however this is temporary and your score will adjust over time in addition your overall credit may improve after refinancing as you will have less debt and a lower monthly payment on your mortgage the bottom linerefinancing allows for changes to a current credit agreement typically replacing the original agreement with a new one refinancing is beneficial for borrowers as it results in more favorable borrowing terms for homeowners refinancing is a great way to lower the cost of their mortgages when interest rates fall allowing them to obtain a lower interest rate than they currently have whenever rates drop it s worth exploring refinancing 