From the category archives:

Refinance

Is Now a Good Time to Refinance Your Mortgage?

by Moe Bedard

Mortgage rates are at all time lows and the refinance party is beginning again for some lucky homeowners who are taking advantage of the current market.

Interest Rates on 30 year fixed mortgages with 0 points reached a low of 5.01 earlier this week, just a tad up from last weeks low of 5%, but down [...]

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Pros and Cons of Home Improvement Loans

by Moe Bedard

Are you planning to make some repairs, adding a room, or simply making your home more attractive for the purpose of increasing its market value?

Performing some repairs is particularly wise if you have a home that is getting old because if you wait too long, major repair work would have to be done and this [...]

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What questions do you ask a mortgage lender?

by Moe Bedard

Are you planning to buy a home and you have several offers that you are looking into? How do you choose among the various offers? I suggest you interview the mortgage lender and ask him several questions. 

The first question that you may ask is which kind of loan would be best for you.
This is important [...]

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When to Refinance Rule of Thumb

by Moe Bedard

Mortgage refinancing appears to be an attractive option for homeowners because of its various advantages which are plenty. However, there are several not-so-obvious disadvantages that you may not be aware of.
Thus, there is a need for some kind of refinance rule of thumb to make sure that you really get what you had hoped for.
Rule [...]

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