by Racheli Refael | Apr 14, 2022 | Mortgage
As interest rates fluctuate, you might think about refinancing your mortgage. This is the cost of taking out a new home loan to replace the one you currently have. If you get a significantly lower interest rate, you could save tens of thousands of dollars over the...
by Racheli Refael | Apr 13, 2022 | Mortgage
If you decide to go through the refinancing process, there are several options available. One of the most popular options is a cash-out refinance. Essentially, you capitalize on the difference between current interest rates and the interest rate on your home loan...
by Racheli Refael | Apr 12, 2022 | Mortgage
If you are looking for a home, you might need to finance it using a lender, such as a bank or a credit union. There are a number of factors that will influence whether your mortgage application is approved. Then, these same factors will play a role in the terms the...
by Racheli Refael | Apr 11, 2022 | Financial Reports
Last week’s economic news included remarks given by Federal Reserve Board Governor Lael Brainard and the release of the minutes of the most recent meeting of the Fed’s Federal Open Market Committee. Weekly readings on mortgage rates and jobless claims were...
by Racheli Refael | Apr 8, 2022 | Mortgage
Purchasing a house is expensive. Not everyone has the money to put down 20 percent. One of the ways to make it easier to afford a house is to live in a home with multiple generations. Some people decide to move back in with their parents because they might have a...
by Racheli Refael | Apr 7, 2022 | Mortgage
If you want to save money on your mortgage, now might be a great time to refinance. When you refinance your home loan, you replace the existing mortgage with a different one. You can refinance your home to withdraw cash, shorten the term of the loan, or reduce...
by Racheli Refael | Apr 6, 2022 | Home Mortgage Tips
There was a time when a higher percentage of people were married before they committed to buying a home together, but it’s a lot more common to co-habit and invest in a home together. If you’re considering the commitment of a mortgage without being...
by Racheli Refael | Apr 5, 2022 | Around The Home
The concept of going green is often seen as an expensive process, and this can stop many people from taking the small steps needed to make their home more environmentally friendly. If you want to green-ify without any of the high costs, here are some simple things you...
by Racheli Refael | Apr 4, 2022 | Financial Reports
Last week’s financial and economic reporting included readings from S&P Case-Shiller Home Price Indices, the Federal Housing Finance Agency and the federal government reported on construction spending. Reports on public and private-sector jobs growth...
by Racheli Refael | Apr 1, 2022 | Mortgage
When you buy a home, you probably have a budget you will try to stick to. Many people choose a 30-year fixed mortgage, and by the time you pay off the home loan, you should own your home outright. At the same time, you might be thinking about paying off your mortgage...
