Contrary to popular belief, focusing on the interest rate on a mortgage is not the right choice. There are other factors to a mortgage payment that make it affordable. You must look not only at your current affordability, but over the life of the loan. Remember, this is a loan you will have for many Read more
Should You Pay Points to Lower Your Interest Rate?
It is an age-old question: should you pay points in order to secure a lower interest rate? While every situation differs, there are certain factors to consider before you determine the right answer for you. How much money you have to put down on the home as well as pay for closing costs is one of Read more
Are Refinance Points a Tax Write-Off?
One of the most common tax write-offs Americans think of is their mortgage interest. It is a great incentive to own a home when you can write-off thousands of dollars in interest every year. There are, however, other costs that relate to your mortgage that you can deduct as well. One of the largest Read more
How to Pay Lower Mortgage Refinance Fees?
Refinancing comes with costs, we all know that. But did you know that there are ways to lower the mortgage refinance fees to make them more affordable? If you know that refinancing your mortgage will help you save money in the long run, it is worth learning how to lower your closing costs to help Read more
