Posts Tagged: "Mortgage"

Mortgage

Smart Homeowners Know when to Refinance

| | Comments Off on Smart Homeowners Know when to Refinance

Get a lower interest rate and lower monthly payment on your mortgage. What exactly does it mean to refinance and how does it work? Get the facts here from NY...

Mortgage

When An Adjustable-Rate Mortgage Makes Sense

| | Comments Off on When An Adjustable-Rate Mortgage Makes Sense

Locking in a historically low fixed rate might feel safer. But borrowers can save big on ARMs right now. During the housing meltdown, adjustable-rate mortgages were vilified as a hallmark...

Mortgage

How Do Home Mortgages Work?

| | Comments Off on How Do Home Mortgages Work?

A house is probably going to be the biggest purchase you ever make, so naturally, you want to understand all the ins and outs of buying one. Bankrate.com explains that...

Mortgage

How Does Interest Work For A Home Mortgage?

| | Comments Off on How Does Interest Work For A Home Mortgage?

When choosing a mortgage, the interest rate you’ll be charged is one of the most important factors. On the whole, the lowest interest rates are available to borrowers who have...

Savings

How Much Do I Need to Save for Retirement?

| | Comments Off on How Much Do I Need to Save for Retirement?

While many people prioritize the need to save for retirement, they don’t always have an idea of their “magic number”— the amount of money needed for a successful transition from...

Refinance

5 Reasons To Refinance Your Mortgage

| | Comments Off on 5 Reasons To Refinance Your Mortgage

A few weeks ago, I wrote about how I refinanced my mortgage for the second time in a year. The second refinance wasn’t actually part of my master plan, but...

Mortgage

How Does a Reverse Mortgage Work?

| | Comments Off on How Does a Reverse Mortgage Work?

There are many factors to consider before deciding whether a reverse mortgage loan is right for you. Our guide below will describe just how a reverse mortgage loan works and...

Mortgage

What Effects Mortgage Rates?

| | Comments Off on What Effects Mortgage Rates?

Mortgage rates have a long-term effect in the housing market. It is a determining factor for lenders on how risky a person is when lending money. Lower rates are connected...

Refinance

How To Refinance Your Mortgage

| | Comments Off on How To Refinance Your Mortgage

Be sure to take into account your new interest rate, how long you’ll stay in the house, and the length and type of loan. Coming out of the financial crisis,...

Mortgage

Avoid These 10 Common Mortgage Mistakes

| | Comments Off on Avoid These 10 Common Mortgage Mistakes

Applying for mortgage loans can be difficult for first time and repeat home buyers alike. The process takes a lot of time and paperwork that trip up homebuyers on a...

Refinance

Home Refinancing Basics

| | Comments Off on Home Refinancing Basics

Before you refinance, know the pitfalls as well as the advantages In recent years, millions of homeowners have taken advantage of low rates and refinanced their mortgages. This article describes...

Mortgage

10 Tips For Mortgage Borrowers In 2015

| | Comments Off on 10 Tips For Mortgage Borrowers In 2015

After mortgage rates stayed surprisingly low in 2014, who knows how they will shake out in the new year? Either way, borrowers who want to refinance or buy a home...