Mortgage
Should I refinance my mortgage?
As markets change, interest rates move up and down. When rates are moving down, people may be inclined to refinance higher-interest loans, replacing them with new loans at a lower rate and with
As markets change, interest rates move up and down. When rates are moving down, people may be inclined to refinance higher-interest loans, replacing them with new loans at a lower rate and with
Refinancing is very much like the process that home buyers go through when they're getting a first mortgage. The refinancing process with a traditional lender starts by submitting financial paperwork. If the paperwork
If you're a homeowner who regularly pays your bills and has equity in your home, you're probably aware that you have access to different types of credit. Two options that are available to
Like other types of mortgage insurance, private mortgage insurance (PMI) protects the lender in the event the borrower stops making payments on the loan. The lender obtains PMI from a private insurance provider.
The mortgage underwriting process can be complicated for first-time home buyers. Knowing more about underwriting can help make the home purchase process easier and less mysterious. Here's what you need to know.What
When you borrowed money to buy your house, you negotiated the best interest rate and mortgage deal you possibly could. If rates have dropped since your original closing, you might be in a
While there’s always a focus on finding the best possible interest rate for a loan refinance, other factors are also important: the easiest process, low fees, and good customer service. Historically, most
If you're a first-time homebuyer and the mortgage process is new to you, you probably are not familiar with the term "mortgage hazard insurance." Understanding what hazard insurance is and how it affects
Credit bureaus are constantly urging us to check our credit scores for changes, so it's understandable that we can become obsessed with them. When preparing to refinance your home, you may have read
Americans have about $24 trillion set aside in retirement savings — but according to the AARP 55 percent of workers don’t have any employment-based savings and three-quarters of Americans between 55 and 64