RefinanceJuly 1, 2019This is how ridiculously low mortgage rates are now. A historical perspectiveHome refinance rates have slipped more than a full percentage point since November. They're already near historic lows, could they go lower?
RefinanceMay 17, 2019USDA streamline refinance program: Now available in all 50 statesThe USDA has launched its own version of the streamlined refinance program, similar to HARP and the FHA streamline refinance. No credit scores, no appraisals, and very low mortgage rates.
RefinanceMay 11, 2019With today’s mortgage rates, you can still refinance for lower payments. Here’s howMany homeowners refinance for lower payments or interest rates. Here's what you need to know about your options and some pitfalls.
RefinanceApril 2, 20195 million homeowners suddenly “in the money” to refinanceA few months ago, it didn't make sense for many homeowners to refinance. But almost overnight, nearly 5 million of them can cut their monthly payments. What's going on?
RefinanceDecember 21, 2018How to save thousands on your house payment without refinancingYou can save on your house payment without refinancing your mortgage. And it can be cheaper and faster. That's because your monthly housing expense is not just your mortgage principal and interest. It includes property taxes and homeowners insurance.
RefinanceDecember 19, 2018Couldn’t qualify to refinance last year? Lenders more likely to say yes in 2019If you have been wanting to refinance but had a hard time getting approved, 2019 might be your year. Lenders are allowing higher debt-to-income ratios, average credit scores for approved loans are falling, and down payments / equity are lower.
Homeownership TopicsNovember 15, 2018Many homeowners — parents included — are unprepared for an emergencyThinking of renovating in 2019? You might want to add a few basic safety features to your tick list. According to a new study, a large number of homeowners are woefully underprepared for emergencies — especially house fires.
RefinanceOctober 15, 2018Why refinance now? Because your home equity, credit scores are higher than you thinkEven if you were turned down for a mortgage refinance when rates were at their lowest, you may still be able to benefit. Credit scores and home equity are on the rise, making borrowers more attractive. See if you can refinance now.
RefinanceOctober 1, 2018Mortgage process: What does “submission to underwriting” mean?"Submission to underwriting" is progress. It means that you have completed your mortgage application and most likely passed an initial screening by an automated underwriting software program. But you'll have to back up what you stated on your loan application with documents. Submission to underwriting means a human is look
RefinanceSeptember 18, 2018How to refinance to pay off a mortgage fasterMany homeowners refinance for lower payments or interest rates. Here's what you need to know about your options and some pitfalls.
RefinanceAugust 9, 2018When to refinance: I need to lower my mortgage rate or paymentIf you're wondering when to refinance, consider your objectives and see if you'll pay less interest, reduce your payment, or lower your overall costs.
RefinanceJuly 27, 2018How should I apply for a mortgage refinance: in person, by phone or online?You can apply for a mortgage refinance in person, over the phone or online. Just make sure that the company is legitimate before providing personal information online or over the phone.
RefinanceJuly 24, 2018I refinanced, and my previous lender owes me an escrow refundWhat's an escrow refund? When you refinance, sell your home or have an annual adjustment, your mortgage lender might owe you some money. Here's how to get it back.
RefinanceNovember 22, 2017Can you refinance while your house is listed for sale?Can you refinance while your house is listed for sale? You've had your home on the market, a it's not moving. So you'd like to cash out some equity or lower your payment. Will mortgage lenders allow it?
RefinanceNovember 6, 2017Millennials aren’t just buying homes. They’re refinancing, tooIt's common knowledge, by now, that Millennials are in the hunt for homes to buy. But more and more younger homeowners are taking advantage of low rates and refinancing homes they already own.
RefinanceSeptember 20, 2017More Millennials refinancing as rates hit 2017 lowMillennials are seeing some of the lowest mortgage rates of the year, and that is spurring refinance activity among young homeowners.
RefinanceAugust 18, 2017The mortgage offer in the mail: Should you accept?It may seem pretty old school, but lenders will still send a mortgage offer through snail mail to connect with a targeted customer. Is it worth considering, or should you just put it in the "circular file?"
RefinanceMay 29, 2017When Does Refinancing Make Sense?When does refinancing make sense? It depends on your goals and the loans available to you. Here are some scenarios in which refinancing does and does not make sense.