Category Archives: Refinance

Knowing When to Refinance Can Save You Money

What type of mortgage you are currently in is one of the many indicators as to whether or not you should refinance, and when you should do it. If you are in a 30 year fixed rate loan below or at 5%, you may want to think twice about trying to refinance right now. Bank … Continue reading

Should I Refinance My Mortgage?

With interest rates lower than they have been in many years, many homeowners are asking themselves “Should I refinance my mortgage?” It is tempting to think that you can just go down to your local bank or make a few phone calls and presto, you will have saved a lot of money, but the cold … Continue reading

The answer to the “Should I Refinance?” Question

To homeowners who find the specter of being in debt uncomfortable, paying off their mortgages has always been particularly important. These are the people who accept higher monthly payments than they could ever reasonably afford – just so that they may be free of the burden of a home loan sooner. Now this is the … Continue reading

Beware of Brokers Who Offer Mortgage Refinance No Closing Cost Loans

Although it seems like an attractive option, homeowners need to be wary of lenders and brokers who offer mortgage refinance no closing cost loans. Most loans that homeowners are familiar with include a certain cost of doing business. Some of the fees associated with home loans and mortgages may include, but are not limited to, … Continue reading

A Mortgage Refinance in Retirement – Good Idea or Bad?

Interest rates today are lower than anyone can ever remember having seen before. At no time has a mortgage refinance made so much sense – especially for people over 55 who may be looking at their anemic retirement savings and hoping for a way to get it back into shape. For people to take up … Continue reading