It is impossible to predict what the future may hold when you get a mortgage and buy a new home. If you live in that home for a few years or several decades, your circumstances will almost certainly change. For instance, you may get married (or remarried) and want to live with your new spouse…
There are a lot of reasons to refinance your home. This can include receiving cash from your property, lowering your monthly payment and/or shortening the term of your loan. That’s all well and good, but are you wondering what happens when you refinance your home? How does it work logistically? What’s the effect it has…
Some houses may not look that great. They can be outdated, bland and/or are messy enough that a simple cleaning job will not be enough. But the bones are there and the neighborhood is great so you see the potential. In this case a renovation might be just the solution you need to turn those…
Refinancing a mortgage loan can save you a lot of money when you do it right. It can do many things like consolidate high-interest debt, drop mortgage insurance, and lower your interest rate. You can also shorten your mortgage loan term when you refinance. But, again, this is only possible if you do it right. …
If you are in the process of refinancing your mortgage, you may know that it is not an easy feat. You have to compare quotes. And, when you do, make sure you read the fine print so you know exactly what you’re signing up for. Then, once you decide to go ahead, it can seem…