refinancing: 6 Questions To Answer Before Refinancing
- 10/01/15 09:38 PM
Homeowners have a variety of reasons for refinancing their homes. Before you make a decision about refinancing your home, you might consider the following questions. Below is a summary of an article in RISMedia by Michele Lerner, a writer for Bankrate.com.
1. What are my financial goals? Are trying to lower your monthly payment? Check out an online mortgage calculator to estimate your new payment. Other homeowners are choosing to refinance for a shorter term to pay of their mortgage faster and save interest.
Before you make the decision to refinance, the professionals advise making sure you contribute to retirement savings and college (2 comments)
refinancing: Refinancing Options For Your Greenville NC Real Estate
- 10/18/10 02:28 PM
Because of the current lower interest rates, many mortgage experts are advising homeowners to consider refinancing their existing mortgages as a way to 1). decrease the amount of their monthly mortgage payments 2). reduce the duration of their current loan, or 3). provide money for home improvements or other expenses. Interested? Read on... Before you rush into refinancing your Greenville NC real estate, be aware of two key strategies that will benefit you. The first is KNOWLEDGE. Carefully investigate the pros and cons of different refinancing features such as interest rate, closing costs and fees, and the term of the loan. (0 comments)