refinance
What Is a Break-Even Point? (and Why You Need to Know Yours When Refinancing)
Interest rates have consistently been at historic lows throughout the coronavirus pandemic, and, as a result, many people have rushed to refinance their mortgages. However, the truth is, that refinancing right now doesn’t make financial sense for everyone. If you’re…
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Should I Refinance My HELOC into a Fixed-Rate Mortgage?
When you’re in need of cash, a home equity line of credit (HELOC) can seem pretty great. They come with low (often interest-only) payments for many years, you can use as much or as little as you like (similar to…
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Debt Consolidation: Mortgage Refinance Options and FAQs About Refinancing to Consolidate Debt
Many homeowners refinance their mortgages to lower their interest rates or reduce their monthly payments. Others refinance in order to tap into the equity they’ve built and turn that equity into cash they can use. Another option that has been…
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What Is an Appraisal Waiver?
If you’re refinancing your mortgage loan, you might qualify for an appraisal waiver. This allows you to skip the appraisal process, as well as the fees that come with it. Appraisal waivers are only available on conventional loans, so if…
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6 Mistakes Homeowners Make When Refinancing a Mortgage
It may seem like everyone is refinancing their mortgages these days — and it’s no wonder why. Historically low rates have been making headlines throughout the year. The chance to lower your monthly mortgage payment is probably appealing, and you…
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4 Reasons to Do an Annual Mortgage Checkup
You get an annual physical. You see the dentist once or twice a year. You sit down with your accountant yearly, too. Shouldn’t you check in on your mortgage just as often? Your mortgage might clock in at hundreds of…
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Refinance Options When You Have an FHA Loan
There are dozens of reasons you might want to refinance your mortgage loan. For one, it could help you lower your interest rate, thus lowering your monthly payment (plus the total interest you pay over the course of your mortgage).…
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Is Refinancing Your Mortgage Worth the Money?
With mortgage rates at historic lows at the time of publication, many homeowners are wondering: is it time to refinance? Though a refinance has the potential to bring about some serious benefits (a lower payment, less interest paid, a quicker…
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6 Questions People Ask about Higher Loan-to-Value Refinance Programs
There are times when homeowners find themselves underwater on their mortgage, which means the balance of the mortgage is higher than the fair market value of their property. This became a big problem when the housing bubble burst over ten…
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9 College Scholarships with Quick and Easy Applications
College is expensive. The average cost of public college is nearly $10,000 per year for in-state residents and more than twice that for out-of-state residents. Add that up over four years and you’ve got a pretty hefty sum of money…
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