Mortgage rates are dropping to new lows. June could provide some of the lowest rates seen since early 2018 or even late 2017. This is the chance mortgage rate shoppers have been waiting for.
Owners of vacation homes are discovering low rates and easier qualification standards for second home refinances. Get cash out, lower your rate, and make your vacation residence more affordable.
Do you need a home appraisal to refinance your mortgage? Not necessarily. Here’s what you need to know about conforming, USDA, FHA and VA refinances without an appraisal.
Can or should you use a cash-out refinance to buy another home? Maybe, if that’s the most cost-effective source of a down payment or even the whole purchase price.
Everyone makes mistakes. But in home buying? Those mistakes can cost you dearly. Not only can they mean more in costs (think tens of thousands more), but they can also hinder your mortgage loan. Avoid these all-too-common first-time buyer mistakes:
FHA or USDA mortgages, which should you choose? It’s not an easy question and there’s no single answer which is right for everyone. But it’s a question many borrowers should ask. The right answer can mean big mortgage savings.
Is your ARM about to adjust? You may want to refinance out of it. With LIBOR rates rising, ARMs are adjusting to their highest point in more than 6 years.
“Should I refinance?” That’s a good question, and the answer depends on what you want to accomplish, and if refinancing will help you meet your goal.
The latest tax law changes may catch homeowners off guard when filing their 2018 returns. Here is what you need to know about 2018 taxes for homeowners.