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
Is it Possible to Get a Refund on My Mortgage Insurance?
nsLending is a risky business. That is why lenders establish specific measures to ensure that they get buffered from loss in case borrowers default on their loan. One of these measures is what many commonly know as a Private Mortgage Insurance (PMI). PMI Defined A private mortgage insurance is a Read more
December Jobs Data Continue to Pull Rates Down
It has so far been a great month for home buyers looking to purchase or refinance their mortgages. After rates fell post elections and the FHA MIP cut announcement in the previous weeks, rates started dropping again. In a report released by Freddie Mac’s Primary Mortgage Market Survey, 10-year Read more