The Practical Guide to Homeowner Tax Breaks

Taxes

Homeowners deserve every financial break they can get their hands on amid today’s trying economic times. After all, the average mortgage borrower pays out a hefty percentage of their income on housing expenses and loan payments that include large amounts of interest.  Read More

Why You Should Consider Refinancing Before it’s Too Late

Refinance Before It's Too Late

For three years I dithered about refinancing my mortgage. I meant to check into and get around to it, but it never quite happened. One day, when I logged onto a free consumer credit site, a popup suggested that I talk to someone about refinancing my loan. On a whim, I checked “yes” in the box, and soon I received a follow up about refinancing. Read More

Cash-Out Refinance: Convert Home Equity Into Cash

Cash-Out Refinance Loan

If you need cash for a good reason and have built up equity in your home, you might consider tapping into that treasure chest of savings that’s hiding under the roof over your head. Cash-out refinancing can allow you to take out a new mortgage for more than your present mortgage balance, pay off your existing mortgage and obtain cash for the difference. Read More

How to Get the Lowest Mortgage Rate

Lowest Mortgage Rates

Snagging the lowest mortgage rate possible can mean saving thousands of dollars over the life of your loan. For example, if you locked in a 4.0% mortgage interest rate rather than a 5.5% rate for a 30-year, fixed-rate mortgage loan of $200,000, you could save more than $65,000 over 30 years. Read More

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