There are many reasons to consider a mortgage refinance—shrinking your monthly payments, minimizing your interest rate, or freeing up additional cash for another major purchase. With that said, refinancing doesn’t always work out as borrowers hope it will, and there are a few common refinancing errors you’ll want to avoid. ...
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4 Tips for Refinancing Your Mortgage
Interest rates are hitting new record lows, but banks what banks do makes it even more difficult. Here’s how you can better your chances. There has never been more appropriate time for trying to refinance your mortgage. Rates are at record lows. The government is devising new programs to help...
Thanks to Millennials, Homeownership Is As Low Now as in 1965
We guess that the fact that young people are not interested in buying a home at once these days has been a big contribution to the fact that the housing industry has never truly recovered from the Great recession. This means that while the interest rates are still quite high...
Compared to 2019, This Year’s Refinancing Bids Have Doubled
In a world where the mortgage payment’s interest gets as high as it can be, the refinancing is… Have interest rates fallen? Do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage? Would you like to switch...