Refinancing your home mortgage can be a wonderful opportunity to take advantage of a variety of different things. Many people refinance in order to avoid foreclosure, get a lower interest rate, or extend the term of the loan. If refinancing your home is in your future, you may want to take a look at some  … Read more

If you are like most people, your home is the most valuable financial asset you own. That’s why it is critical to understand the ins and outs of your mortgage and what refinancing could do for your finances and equity. There are a variety of reasons people consider refinancing, including low interest rates, an attempt  … Read more

Many people know that now is a great time to refinance your home loan, with mortgage rates still at their lowest in many decades. And those with good credit and with loans in good standing can certainly take advantage of these rates. Still, there are some guidelines to getting the most out of the process;  … Read more

If you’re struggling with mortgage debt, refinancing may be a useful tool in getting your finances back on track. Whether you’re able to lower your interest rates or improve the terms your home loan, refinancing can be a major help with mortgage debt! However, applying for a refinancing can be a tricky process. With the  … Read more

Despite strengthened economic activity, mortgage rates are continuing to edge higher and higher. With an average interest rate of 3.63 percent on homes with a 30-year fixed-rate mortgage, homeowners shopping for refinancing opportunities are frustrated. While the market is becoming favorable for sellers, current homeowners struggling with mortgage debt are having a harder time. For  … Read more

If you are one out of the 10.8 million American homeowners with an underwater mortgage, you know how financially challenging it can be to avoid foreclosure and recoup your home’s value. While refinancing is a popular option to get back on track with mortgage payments, it also has many pitfalls as well. By knowing common  … Read more

Recent studies show that Dallas has one of the lowest foreclosure rates in the nation, statistically only experiencing a third of the foreclosures that cities like Atlanta or Phoenix witness. Still, many families struggle with their mortgage, and foreclosure looms over them like their own fiscal cliff. Fortunately, refinancing options provide homeowners the opportunity to  … Read more

The HARP 2.0 refinance program continues to roll out mortgage debt help for homeowners across the country. Just as some states have been affected by the foreclosure crisis harder than others, some of these same states are now being more successful in terms of the number of HARP mortgages they are closing. Standing Apart Since  … Read more

In recent months the talk over reverse mortgages has gained momentum. With the new found refinancing craze in full swing, many lenders are also pushing reverse mortgages. But, what are they really about? A Closer Look One of the “perks” often described by advocates of reverse mortgages is quick cash. Basically, a reverse mortgage is  … Read more

It is rare for someone to end up in foreclosure strictly because they got in over their heads in a mortgage, but it does happen. More likely, you bought a house you could afford at the time and your financial situation has changed due to employment or other unforeseeable circumstances. Regardless of how you came  … Read more