It's finally here. No matter how underwater your mortgage is you may be able to refinance to today's low rates. You current loan must meet certain criteria. Here are some of the highlights. … [Read more...] about No Equity? You Can Now Refinance Into a Great Rate.
Homeownership Pros and Cons
Before purchasing my first home, I found myself weighing the pros and cons of what that actually ment. And I think there comes a point in most people's life when they start to consider the same ups and downs of homeownership. While it may seem like a large, intimidating expense, … [Read more...] about Homeownership Pros and Cons
Wondering If You Should Refinance?
Before we get into when and why you should refinance, I want to quickly define what exactly it means to refinance. In a nut shell, refinancing is when you pay off your current mortgage with a new one. So what's the point of that? The whole point of refinancing a mortgage is to … [Read more...] about Wondering If You Should Refinance?
What’s with these mortgage rates?
The big question on everyone's mind right now is; what's with these interest rates? Beginning on Thursday, May 21, rates began to move up, dramatically. They are now a full 1% higher than they were just a couple of short weeks ago. What's going on, and will they come back … [Read more...] about What’s with these mortgage rates?
A Dirty Little Secret (that you already know)
When I was a stock broker in the early 80's, I remember my manager announcing to the entire office that we had to sell a certain stock that day. Our company had accidentally overbought a specific stock issue and we had to get rid of it, so sell! sell! sell! Who cares if it fits … [Read more...] about A Dirty Little Secret (that you already know)