With interest rates at historical lows, it is a great time to refinance your home. Articles covering why this is a good idea and how to do it.
With mortgage rates at historic lows, there has never been a better time to refinance a mortgage. Refinancing a mortgage may allow you to reduce your interest rate, cut your monthly payments, reduce the number of years it takes you to pay off your home, or tap into your home’s equity. Refinancing may also
While we wrote the following post a few years ago, a lot of the information is still pertinent if you are looking for an online lender, like LendingTree. Getting multiple offers from banks can be a real benefit – but as you can see – there are some downsides to be aware of. With interest
Several years ago my wife and I decided to refinance our home (and then a year later, our rental house). One of the main reasons for the refinance was to lower our monthly payment as well as take advantage of the lower interest rates. Another factor was that we didn’t have any short or long-term
I’ve mentioned here before that my wife and I have a large student loan debt that we are currently paying off. My wife incurred it after receiving a Masters of Social Work degree. While it is / was a noble career pursuit, it is not very high paying. And with my wife only working part-time due
This post brought to you by Quicken Loans. All opinions are 100% mine. by Clayton Closson. You read that title correctly. An estimated 2.7 million American households could refinance to today’s mortgage rates (which are near historic lows, in case you haven’t been paying attention) through the gov’s HARP program. And they can do it
Over the last three years my family has made huge strides in creating ways to save money in order to get out from the burden of debt. When Aaron and I started Three Thrifty Guys our family had about $25,000+ in non-mortgage debt. We’ve always focused on implementing thrifty ideas and ways to save, but
It was about a year ago that my wife and I were contemplating whether or not to refinance our house considering the rates were so good. We didn’t end up going through with it for a variety of reasons – but are now, once again – considering a refi. I was afraid we weren’t able
From my understanding of it – the FHA Streamline allows borrowers to refinance their existing loan amount to get a lower monthly interest and principal payment. The downside to it is that you cannot take any money out after the refi.
With rates at record lows, my wife and I are considering refinancing our home. Here are some things to note as you consider this possibility too (Note: this is the first refi for both my wife and I.) Work with an experienced mortgage pro. I can’t stress this enough. We have been truly blessed with
For those of you who been very wise with your money prior and during the economic downturn there is a silver lining, mortgage rates. With the US dollar seeing a dramatic rebound and the EURO coming under a lot of pressure it has many investors fleeing to US Treasuries for security. With that it has
