Refinancing home mortgages have been gaining popularity among homeowners. While mortgage rates continue to rise, it's not surprising to get tempted to refinance a mortgage at some point. But then this move is only beneficial for certain situations.Before making a decision, it's important to 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
Halfway Through 2017 And It’s Still A Good Time to Refinance
July came to a close. Now, we are on our second half of the year. When we talk about 'mortgage', it is so far so good for buyers and refinancers. Beginning of the year, experts and analyst projected that rates will skyrocket this year. Mid-2017, that forecast has yet to happen.Those who wish to Read more
Weak Refis Hurt Lenders
The rise in interest rates has negatively impacted refinancing applications, driving earnings of regional banks down for the second quarter of the year. According to recent reports forwarded by banks like the US Bancorp and the BB&T, revenues fell significantly by 11 and 15 percent, Read more
The Cost Advantage of Combining Your First, Second Mortgages
Consolidating your mortgages into one major loan takes some serious decision making. There’s too much at stake with your current loan commitments, the market value, and your equity. But if the opportunity presents itself, such as when your finances are going well and existing interest rates are at Read more
