Is refinancing in 2017 a good decision for you? Mortgage rates continue to stay in the 4 percent level, but with recent political decisions influencing the housing industry, experts say it’s likely to push mortgage rates back up in the near future. For homeowners looking to refinance, now could be Read more
When is the Perfect Time to Lock?
One of the most tricky parts of getting a mortgage is locking on a rate. If you happen to be shopping while mortgage interest rates are low, you might want to take advantage of the climate and make sure you get that interest for your loan before it changes. In order to secure this interest, you lock Read more
FRMs vs ARMs: Which Mortgage Is Your Type
Any mortgage discussion is incomplete without a topic on fixed-rate mortgages (FRM) and adjustable-rate mortgages (ARMs). They are the basic types of mortgage loans. A better understanding of the two, their distinctions or similarities, if any, will help you make a better, easier choice for your Read more
These Are Why You Should Stay with Your Current Lender When You Refinance
Borrowers have plenty of questions about refinancing. Questions like: “What are the reasons why I should do it?” “How can I do it right?” “Do I need to provide an income tax return to refinance?” “How can I tell if refinancing will really save me money?” and so on. But there is one question of Read more
