If you are purchasing a home and using a mortgage, there are many important factors. While your own financial situation is most important, mortgage interest rates also matter.
Mortgage Interest Rates: Where Do We Stand, Where are We Going? …
It’s no secret: in today’s market, buying a home is tough. With prices on the rise, time on the market extremely short, and massive competition for every property, homebuyers are finding it more challenging to purchase than ever before. Yes, we’ve…
No one takes out a mortgage with the intention of not paying. But life happens, and sometimes, for a variety of reasons, we struggle to make timely payments on loans, including our home mortgage. One way to alleviate the problem is…
Is it worth refinancing for a 1%, .5%, or .25% interest rate reduction? This article will help you make the best decision.
If you pay any attention to the real estate market or the mortgage industry, you’ve inevitably heard that interest rates are…
COVID-19 has had a major impact on numerous industries. The real estate and mortgage industry, by comparison to many others, has fared quite well. To be certain, there are people still struggling to make payments and many families are still struggling with…
If you're an American veteran with an existing VA loan, you may be able to take advantage of lower interest rates and reduced monthly payments through a handy program officially called the Interest Rate Reduction Refinance Loan (IRRRL). A more common…
Recently, we wrote an article about how to build equity in your home . We discussed topics like making larger mortgage payments, funneling extra income (bonuses, gift cash, etc) into the mortgage, and even waiting for time to simply increase the value…
Millions of Americans have dealt with this problem, and while it seems like a hopeless situation, there are solutions. Many of these solutions, as it turns out, are easier than you might have thought!
Remember, You are Not the First Person…
As homeowners, we are often pressured to refinance our mortgage. We see advertisements about falling interest rates and we’re told that if we don’t refinance right now, this “once-in-a-lifetime” opportunity will pass forever.
To be certain, refinancing can be extremely…
According to multiple sources, including Inman , a real-estate information and news source, VA loans have “skyrocketed” in 2020, rising about 113% compared to the same period last year.
VA loans are one of the top benefits for the men…
There are many types of refinancing choices. This article will describe the best options and help you make the right decision.
At some point, either in the near future, or decades from now, you may need to refinance your mortgage. The decision to…