Refinance

Inflation has become an increasing problem across the country in recent days as the American economy continues to struggle under the weight of Covid-19. Many people are looking for ways to help improve their financial status, including potentially refinancing their mortgages.  In 2020, mortgage rates fell to an immense low point. Many people choose to...

There's no time like the present, as the old saying goes. The mortgage refi industry has seen impressive trends where current rates are concerned. Feeding off the consumer-friendly momentum of 2020's final quarter, we've seen mortgage rates hit record lows over the last six months. In fact, those numbers peaked early in 2021, with average...

Mortgage rates hit a historical low in 2020, prompting homebuyers to get a new or additional home and homeowners to refinance their homes to lower their interest rates. This phenomenon was brought about by the steady increase in mortgage-backed securities that pushed rates lower than the average. However, it won't last forever. In fact, despite...

Before refinancing your home to get a more favorable interest rate, there are several things to consider. If the timing is right, you can save a significant amount on your monthly payments. Lenders look at various factors to determine your interest rate; chief among them are debt-to-income ratios, credit scores, and the type of home...

As a homeowner who makes mortgage payments every month, you might be interested in refinancing your house to purchase a second home. This new purchase could be for a fun vacation spot for the family or new investment property. Regardless of the reasons, refinancing might be for you. If you think that refinancing might be...

Regardless of if you have recently refinanced, there are options available to take the next step in obtaining the home of your dreams. Many people refinance for various reasons: utilizing home equity, shortening the length of a loan, making payments more affordable, and much more.  Purchasing a home after refinancing is a popular option that...