Review Of 10 Year Refinance References. If you’re a homeowner who’s considering the idea of refinancing your home mortgage while interest rates are low, you have a ton of different term options, including 10 year loan terms. Determine why you want to refinance and what you hope to achieve.

And with its shortened repayment schedule, it can put you on the fast track to paying off your mortgage faster and owning your home outright. If you’re a homeowner who’s considering the idea of refinancing your home mortgage while interest rates are low, you have a ton of different term options, including 10 year loan terms. Written by katherine watt alix langone edited by marc wojno laura michelle davis.