What Is a Rate and Term Refinance?

When you first delve into the world of real estate, it can feel like there is a whole other language that you need to learn, especially around mortgages and financing. This post will take a look at the term "rate and term refinance" in order to clarify what it means once and for all. [...]

By |2020-01-15T09:26:04-05:00January 15th, 2020|Categories: Refinance|

The 6 Best Winter Renovations and Home Improvements

There's no denying that spring and summer are the most popular times of year to make home improvements, but if you've been writing winter off entirely for these projects, you're missing out. From easier scheduling to a potential for cost savings, there are many reasons to do renovations during the winter. It's just a [...]

By |2020-01-06T10:48:44-05:00January 6th, 2020|Categories: DIY, Refinance|Tags: , |

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). Additionally, you can also refinance to pay your loan off faster, to access cash, [...]

By |2019-10-15T15:59:03-04:00October 16th, 2019|Categories: Refinance|Tags: , |

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 pay-off timeline, for example), the truth is it's not right for everyone. It's important [...]

By |2019-09-26T10:13:55-04:00September 26th, 2019|Categories: Financial, Home, Mortgage, Refinance|Tags: |

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 years ago, but it still happens today. For ten years, the Home Affordable Refinance [...]

By |2019-09-05T10:57:01-04:00September 7th, 2019|Categories: Refinance|Tags: , , , |

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 on your hands — a sum that many students (and their parents) just don’t [...]

By |2019-08-06T13:41:37-04:00August 7th, 2019|Categories: Education, Refinance|Tags: , , , |

Refinancing with Two Mortgages: Why You’d Do It and What to Expect

Refinancing can be beneficial for many homeowners. It can lower your rate, your monthly payment and maybe even shorten the total length of your loan.  But if you have two mortgage loans on your hands? Then refinancing might be even more powerful a financial tool. You might have two mortgages because: You took out [...]

By |2020-01-16T10:13:21-05:00August 1st, 2019|Categories: Mortgage, Refinance|Tags: |