Is refinancing a mortgage a good idea? In the mortgage industry, refinancing refers to obtaining a new loan to replace an old one. If you want to save money on your monthly payments, you may choose to refinance. You can also change the type of loan or the period of the loan when you refinance....Read More

Refinancing a house loan can save homeowners a lot of money. There is no better time to get a mortgage than right now because of low-interest rates. A reasonable interest rate isn’t the only thing you need to look for. That’s only the tip of the iceberg.  The following are common blunders made by homeowners...Read More

You have a variety of ways to spend the extra money you receive. Home repair projects or credit card debt can be paid with it, for example. A Cash-Out Refinance has different tax consequences depending on how the money is spent.  Even more so this year, according to Lauren Anastasia, a Certified Financial Planner at...Read More

The bad news is that obtaining a Refinancing on your home is extremely difficult to accomplish. If you have a Bad Credit score, you’ll pay extra for any loan. It’s still possible to refinancing your mortgage, despite the recent tightening of lending rules by banks. Even if your credit has a blemish on it. As...Read More