As mortgage rates continue to hit historic lows during the pandemic, new mortgage refinancing fees are expected to rise an additional 0.5%. However, as per the Fannie Mae and Freddie Mac institutions, the new prices will only apply after December 1, 2020, giving homeowners more time to refinance. As refinance mortgages take between 30 and […]
4 Tips for Refinancing Your Mortgage Without Breaking the Bank
Mortgage interest rates have been at all-time lows recently, which has generated an interest in refinancing mortgages. After all, this is an opportune time to find better rates and save more money in the long run! The refinancing process is all about timing, so you want to make sure you get the best rates available. […]
When Is the Right Time to Refinance Your Mortgage?
Mortgage rates are constantly changing in response to the prevailing condition of the economy. When the federal government wants to stimulate spending to curb the risk of high inflation, the cost to borrow money takes a dip. When the economy is strong, mortgage prices will be higher. Presently, however, interest rates are at an all-time […]
Answering 4 Questions Regarding Refinancing During COVID-19
You’re probably here because you were planning to remortgage but had your plans stopped by the ongoing pandemic. Your goals might have been set back a few months or even years because the mortgage option you needed is no longer available. Fortunately for you, your money-saving efforts can still be achieved. Even with COVID-19 causing […]
Mortgage Refinance: 3 Excellent Reasons to Opt for One
Are you planning to refinance your mortgage? If so, know that refinancing a mortgage means you are paying off a loan for a brand-new loan. While that might sound counter-intuitive, there are a few benefits to be earned from this. For example, some homeowners refinance to enjoy lower interest rates and pay off their mortgage […]
3 Key Factors to Consider When Looking to Refinance – What to Know
Many mortgage borrowers consider refinancing when the real estate market presents low mortgage rates among various lenders. Chances are that they immediately take the plunge into refinancing without having critical thinking and deliberate decision-making. What many fail to realize is the fact that refinancing is actually a tricky process. You must first think things over […]
A California Homeowner’s Guide to Mortgage Refinancing – What to Know
Throughout the course of homeownership, one of the toughest struggles that anyone must face is coping with the demands of monthly mortgage payments. Regardless of whether you’ve taken out a loan for a quaint little apartment or a gargantuan mansion, the struggle of paying a mortgage off will always be the same. Although the monthly […]
This is a Great Time to Refinance in Los Angeles
If you have been considering a refinance on your home loan in LA, you may want to think about moving forward with your application. You might be aware that mortgage rates bottomed out in September. Since then, they have been gradually rising, with a lot of ups and downs along the way. As of November […]
