Refinancing is done to have the borrower get a better interest rate compared to the original rate. As great as it may sound, before you even start on the road to refinancing, you should consider that there are going to be a lot of things that you have to take care of! There are tons […]
What to Know Before You Apply for Mortgage Refinancing
The damage of the coronavirus pandemic to the global economy affects numerous sectors to this day. Although stock prices are slowly stabilizing, that doesn’t mean that everything is back to the status quo. Part of the healthcare crisis’s effects is the drop-in mortgage rates. Mortgage rates are dropping to record lows due to the COVID-19 […]
3 Reasons Why Refinancing Your Mortgage Is a Good Idea
A home is an important investment and one of the biggest purchases you can make in your life. It costs a lot of money, and if you’re looking for property in the Los Angeles area, a home loan is often the only way to afford it. If you already have a mortgage, one option to […]
How to Refinance Your Los Angeles Home Loan – Our Guide
Despite the pandemic’s harsh impact on the economy, the real estate industry is experiencing historically low-interest rates. Thus, the ability to refinance borrowed loans are offsetting pandemic fear among relieved homeowners. If you’re one of the lucky home-dwellers looking to take advantage of the attractive interest rates, here’s how you can safely refinance in Los […]
Why You Should Refinance Your Mortgage in 2020
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 […]
