How Do Mortgage Rates Work?
There is a common misconception about mortgage interest rates and how rates are determined. It’s common for many people to mistakenly think The Federal Reserve sets mortgage interest rates. Read More
What’s The Best Mortgage Length For You?
One of the epic battles in the world of personal finance is that over the best mortgage length. When applying for a mortgage, there two primary fixed rate options: 30 year fixed and 15 year fixed. Read More
Cash-Out Refinance: Convert Home Equity Into Cash
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
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