Posts Tagged ‘cash out’
Refinance to Show Your Home Some Love
As Home Prices continue rising, homeowners may decide to love their existing homes. If you have set aside the funds for this, great! If not, a home refinance might be a great option. When the home renovation you want to do will improve the value of your home, such as kitchen, bathroom and en suite…
Read MoreFHA Protects Borrower from Themselves
Just because you can refinance doesn’t mean you should refinance. What did you say? In the last few years, more borrowers have been refinancing their FHA mortgages to extract cash from their home equity. This is a worrying trend, since massive cash out refinances preceded the 2009 housing market crash, leaving many homeowners trapped in…
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