Posts Tagged ‘home refinance’
Refinance=Remodel=Joy?
A home remodel yields higher home values, improved funtionality, and now a new factor.
Read MoreInterest Rate Drop: Should I Refinance Now?
Should you refinance NOW? Sept 18, 2019, the Federal Reserve announced a federal funds rate cut of .25% or 25 basis points. The immediate results of this is that funds to banks will cost less, which hopefully will affect the interest rate your bank will offer you, as a borrower. But your bank lending rate…
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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