Tag Archive: refinancing

How to Recognize a Bad Mortgage Refinance Loan

April 3, 2015 by Leave a comment

As mortgage rates drop, you might anticipate refinancing your mortgage and getting a lower rate and payment. Your current home loan lender may encourage refinancing, and you might receive unsolicited offers from other banks in the area. With so many financial institutions offering refinancing, and given how it’s a common mortgage practice, it’s easy to... View Article

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3 Ways to Receive a Low or No-Fee Refinancing

February 5, 2015 by Leave a comment

Refinancing your mortgage loan is one of the best ways to snag a lower interest rate and a cheaper mortgage payment — a major plus if you’re struggling to stay current on your home loan. Refinancing achieves other purposes as well, such as converting a fixed-rate mortgage to an adjustable-rate mortgage. You can refinance and... View Article

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Unable to Retire? Here are Four Refinance Options That Can Help

December 22, 2014 by Leave a comment

You might be ready to retire, but just because you’re eligible to start receiving retirement benefits doesn’t mean you can. Whether you’re eligible for Social Security or eligible to receive withdrawals from your 401(k) plan or pension, you have to count the cost before retiring. And unfortunately, some would-be retirees discover that their retirement income... View Article

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Five Refinancing Tips for the Self-Employed

October 8, 2014 by Leave a comment

Homeowners refinance their home loans for numerous reasons with many seeking an improved rate and a lower mortgage payment. But whatever your reasons are, being self-employed is going to make the process more challenging. This comes as mortgage lenders find this group carrying greater risks thanks to their inconsistent income. If you’re self-employed or a contract... View Article

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Refinance Risks 101: What You Should Know Before You Start the Process

September 22, 2014 by Leave a comment

With low interest rates and a sluggish economy, many homeowners may be considering refinancing as an alternative to buying a new home. Nationwide, homeowners stand to save money and pay less interest by taking advantage of low interest rates. However, refinancing has a few risks for borrowers that range from paying too much to losing... View Article

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Increasing Home Value Part 3: Why You Should Consider Paying Off Your Mortgage Early

August 28, 2014 by Leave a comment

If you want to make some headway with your personal finances, you may want to make plans to repay your debts. When we talk about debt, most of the time we’re referring to the “bad” kind: student loans with balances greater than your annual salary, or consumer credit card debt. But there’s “good” debt, too. That’s what your... View Article

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