- 5 Financial Mistakes to Avoid When Refinancing a Mortgage
Mortgage rates are currently low, but you can’t expect them to stay that way forever. In fact, rates rose to 5% in 2022 for the first time since 2011. If you bought a home within the last five to seven… read more…
- Should You Refinance Your FHA Loan to a Regular Loan?
Mortgage refinance rates are steadily creeping upward, so if you’ve been toying with the idea of a refinance, it might be best to do it sooner rather than later. If you’ve got an FHA loan, you can go with a… read more…
- 6 Questions to Ask Before Refinancing
A year after the housing bubble burst, I decided to make a career change and go back to school for my MBA. During one of my first finance courses, my professor discussed her reasons for refinancing her home mortgage at… read more…
- What is a VA Streamline Refinance?
If you hold a VA loan and you’ve been avoiding a refinance out of fear of paperwork and hassle, think again. The VA offers a Streamline Refinance program to borrowers in good standing who originally financed their home purchase with a VA loan. With VA Streamline Refinance, you won’t need to jump through all of… read more…
- What Is a Cash Out Refinance?
Have you ever heard the phrase “using your house like a piggy bank” and wondered how exactly that works? The answer: a cash out refinance. A cash out refinance lets you pocket some of the value of your home. You… read more…
- What Is Refinancing?
When you refinance, you replace your current mortgage with shiny new one. Your new mortgage could have a longer or shorter term, be adjustable-rate or fixed-rate. The refinance decision will likely involve large sums of money, so it’s good to be clear on what getting a new mortgage entails. Here are the basics: Check out… read more…