There’s one thing most borrowers worry about when getting a new mortgage – the interest rate. So it’s no wonder people worry about the interest rate when taking a cash out refinance. The talk is that rates are higher with this type of loan; is it true?Compare Offers from Several Mortgage Read more
Mortgage Rates for Long-Term Loans Hit Record Low in 2017
This week, rates for mortgage loans with a 30-year fixed loan term had dropped to its lowest this year. The progressive decline in rates continued for six consecutive weeks. This is according to the The Washington Post report yesterday, September 7.Average 30-year fixed rates dropped Read more
Get To Know The Different Types Of Refinance Loans
People decide to refinance their existing loans for varied reasons. Homeowners usually decide to apply for refinance loans either to change the current terms of their mortgage, tap the equity built from their property over the years or try to score a mortgage to a lower interest rate.But before Read more
What Should I Do First, Refinance My Home or Tie the Knot?
“I do.”This simple phrase is said by thousands every single day. Marriage is a giant leap for two people. This is not only the beginning of a lifetime commitment but a great responsibility expected from both people.It the same way, many couples tie the knot and merge their finances after Read more
Here’s What’s Coming Your Way When You Refinance
For those who have not refinanced yet, it can be confusing and complicated. However, refinancing is a good way to help homeowners afford their mortgages better. When one chooses to refinance, the ultimate goal is to save more money.To put it simply, you replace your current mortgage with a new Read more
