Why Should Homeowners Refinance Now?

Refinance

Refinancing a mortgage makes a lot of sense—if the math is in the borrower’s favor. If they can reset their loan at a lower interest rate than what they’re currently paying, they may be able to: Refinance now and save big Take cash out at closing to cover a home improvement project, pay off debt, […]

How Small Businesses Can Build Their Brand

In order to have a strong brand, your small business does not need to be a world famous. Your brand gives the entire information about your company, what you excel at and the experience that clients have with you. Building a brand is essential as it determines the kind of loyalty the customers will have […]

Should You Refinance to an Adjustable Rate Mortgage?

(via Home Loan Advisor) An adjustable rate mortgage (ARM) is a type of mortgage where the interest rate charged on the outstanding balance varies based on a specified schedule. The interest rate is initially fixed for a given period after which the rate is set periodically. There are many advantages associated with the adjustable rate […]

Should Baby Boomers Refinance?

Between 2015 and 2030, the American population will experience a significant shift, as more than 130 million people will be at least 50 years old, and all of the baby boomers will have retired, which means that a fifth of the population of the country will be at least 65. Based on current trends, that […]

Making the Most of Cash-Out Refinancing

Cash-out refinancing accesses your home equity through a new mortgage with a bigger principal amount than the current one. You can avail for the difference amount between the principals of the two mortgages IN CASH for almost any purposes. Use cash-out refinancing option to obtain a new mortgage with a higher principal than your debt […]

Understanding the Different Kinds of Mortgage Lenders

While shopping for a home loan you might come across terms like retail lenders, direct lenders, mortgage brokers, and wholesale lenders. Many borrowers simply look at the terms and the interest rate and if they are satisfactory, they go ahead and purchase the loan. They don’t really bother to find out what sort of lender […]

5 Reasons Why Getting a Mortgage Will be Harder in 2014

Do you recall the housing market crisis that occurred a few years ago? During this meltdown there was a huge bailout for large lending institutions that was funded by taxpayers. Some financial institutions were underwriting loans, and then selling them to lenders. These institutions were receiving a good amount of money in fees for these […]

10 Financial Musts after Buying a Home

You’ve bought a house and you now a proud homeowner—Congratulations! It probably feels good, and it should. You have probably been through many obstacles and put a lot of time into the home buying process, and it has finally paid off. If you think the purchasing process was time-consuming and difficult, the hard part is […]

Refinancing Costs You Should Know About

If you are like many homeowners, you are thinking about refinancing your mortgage. Perhaps you are still in the midst of your decision, or maybe you have already decided that you are going to refinance. Wherever you are in the process of refinancing, there are costs that you should know about. While refinancing can potentially […]

Reasons Not to Refinance Your Home

Refinancing can be a positive decision for many homeowners because it can lower their monthly payment and save them money. But in spite of what you may have heard, refinancing is not for everyone, and there are many reasons why. The problem is that so many homeowners focus on the money-saving aspect of refinancing that […]