To refinance a mortgage means to pay off your existing loan and replace it with a new one. There are many reasons why homeowners opt to refinance, from obtaining a lower interest … [Read more...]
Simple Real Estate Definitions : Right To Cancel
06/28/2012 By
As part of the federal Truth-in-Lending Act, refinancing homeowners are granted a 3-day "cooling off" period post-closing during which they retain the right to rescind, or … [Read more...]
Are You Wasting $471 Per Month On Your Mortgage?
03/07/2012 By
According to Freddie Mac's weekly mortgage rate survey, for 13 straight weeks, the average 30-year fixed rate mortgage has held below 4.000% for mortgage applicants willing to pay … [Read more...]
Lock An Instant 13% Savings On Your Monthly Mortgage Payment
02/07/2012 By
Falling mortgage rates make owning a home more affordable. Mortgage rates are directly tied to monthly mortgage payment so as mortgage rates drop, so does the cost of … [Read more...]
Should I Refinance My Home?
10/11/2011 By
With mortgage rates at all-time lows, you may be asking "Is now a good time to refinance?". This short interview from NBC's The Today Show offers good insight. Refinancing a … [Read more...]
