mortgage refinance

July 25, 2019

When To Consider Mortgage Refi, Jacksonville, FL?

One important rule when it comes to mortgage loans is that you do not need to jump on the industry bandwagon. Just because all are doing it doesn’t mean you have to do it as well. However, if all the indicators suggest that it is a good time for mortgage refi, Jacksonville, FL, then you might take advantage of that opportunity. Mortgage refinancing, when you get the best deal, can save you some serious amount. A typical refinancer can save about USD 150 per month. But what are some indicators that tell you it is a good time for mortgage refi, Jacksonville, FL? Consider the following: When you cut the mortgage rate by three-quarters of a percentage point. If the […]
September 26, 2019

Consider These Questions Before You Go For Mortgage refinance, East Texas

The mortgage industry can be a complex matter, particularly for beginners. There are many industry jargons that, when mistaken, could lead to a decision that isn’t favorable for borrowers. With this, it is imperative to ask questions. It is beneficial to ask help from mortgage experts. There are several questions that you need to ask and answer before you even call your prospective lender to express your intention to refinance. Some of these are the following: How old is my current mortgage? It makes no sense, for instance, to go for a 15-year (or above) mortgage if you only have 5 to 10 remaining years on your current loan. That is because, in the end, you might be paying more […]
March 25, 2020

When To Consider A Mortgage Refinance, Austin, TX?

Here’s the thing: The Mortgage Bankers Association is forecasting USD 1.23 trillion of refinancing originations this year, and that translates to a 37 percent increase from last year. The primary reason? The plunge in government bond yields as Treasuries have fallen to record lows as investors seek a haven from the stock market blow brought about by the covid-19 pandemic. For those who are new to the term, mortgage refinancing is a way of paying off your existing loan and replacing it with a new one. It has several end goals: (1) to obtain a lower interest rate; (2) to make the mortgage term shorter; (3) to convert from adjustable-rate mortgage to fixed-rate mortgage or vice versa. Now, you probably […]
May 21, 2020

How To Find The Best Rates On Mortgage Refinance, Phoenix, AZ (Strategies That Never Get Old)

Just like any other borrowers, you would want to get the best rates on mortgage refinance, Phoenix, AZ, as it provides an opportunity for you to save some good amount of money. Even a half percentage point rate reduction can translate to thousands of dollars in savings. In the interest of helping you find the best possible deal on mortgage refinance, Phoenix, AZ, we are sharing below some strategies that have been proven to be effective for years. Consider the following tips: Shop and compare multiple lenders. With easy access to technology, particularly to the internet, shopping around and comparing deals from different lenders is one effective strategy that helps you the best one possible from a list of options. […]