Mortgages
-
Business
Resist The Temptation To Do A Cash-Out Refinance As Rates Collapse
With record-high home equity and declining mortgage rates, the temptation to do a cash-out refinance is growing. I’ve certainly considered…
Read More » -
Business
Letting An ARM Reset Is Similar To A Free Mortgage Recast
If you bought a home during a high-interest rate environment, it’s wise to prepare for either a mortgage refinance or…
Read More » -
Business
No Rush To Pay Off Your Adjustable-Rate Mortgage Before It Resets
During my days of purchasing homes with mortgages, I had a fondness for adjustable-rate mortgages (ARMs). The appeal lay in…
Read More » -
Business
Components That Affect Mortgage Rates The Most
Contrary to popular belief, the Federal Reserve does not exert complete control over mortgage rates. Instead, it influences them, with…
Read More »