Refinance like a pro now that rates are low Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States [MORTGAGE30US], retrieved [...]
Homeowners don't always consider how refinancing can affect their home as an investment. Here, we break down the main factors on what you should consider when looking into a refinance and what your strategy should be in refinancing, when looking at your home as an investment.
Does your bank send you those cards that tell you that you can save money if you refinance? One of the main explanations they give you is "break even," or, when your savings exceed the fees you paid. Find out why that is generally the wrong way to evaluate a refinance, and how to know for sure if a refinance makes sense for you.
Often, mortgage loan officers will suggest a cash out refinance to wipe away credit card debt. But, here are three things you should consider in order to make sure it actually makes sense for you, both in the short term and the long term.
How to know more than your mortgage loan officer without lifting a finger (so you don’t get screwed)
How do you guarantee that you won’t get screwed over by your loan officer when you go to get a mortgage? Learn how you can instantly know more than the loan officer you are dealing with when buying a new home or refinancing your current home.