If you are purchasing a home you will probably need a Mortgage. Mortgages are typically for home purchases and can be for new loans or refinances. Typically people refinance a home to take equity out of their homes or secure a lower interest rate. Interest rates affect mortgages. If you have mortgage questions such as "how do i know if i am talking to a broker or a lender?" or need help or answers Zuuply.com can help.