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 […]
Refinancing your Home when You Have Bad Credit
You want to refinance your home, but your credit report doesn’t exactly look like a bed of roses. Refinancing surely won’t be easy to get, but don’t get stressed out. Even though banks take a tough stand regarding their lending standards, it’s still not impossible to get refinancing for your home without an impeccable credit […]
Do you know the real value of your home?
Since the real estate market peaked nationwide in 2007, home values have dropped more than 18%. If you are thinking about selling, refinancing, or are in the market to buy, you need to arm yourself with the facts. Neighborhood IQ offers a free home value report that is powered by the same tools and data […]
