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 […]
How to Determine How Much Mortgage You Can Afford
You should know your mortgage payment limits if you want your home ownership to fit within your budget. Ideally, you should have a stable financial condition before buying a home. In order to calculate how much mortgage payment you can comfortably afford, you should use the same mathematical formulas that lenders use. Here are some […]
Seven Reasons Why You Should Buy a Home
Conventional wisdom has dictated that buying a home is always a better bet in the long term than renting it. House prices in the United States have risen rapidly during the past 50 years, making the land owners richer. The financial meltdown of 2007-08 had had a lingering devastating impact on house prices- the prices […]
