Mortgage Archives - Page 39 of 64

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Home Mortgage TipsHome Mortgage Tips, Mortgage, Mortgage Refinancing

Thinking About Refinancing Your Mortgage? 4 Ways to Ensure It’s Worth Your Time

If you're familiar with the real estate market, you've likely heard the term 'refinancing' and may be wondering what this can mean for your mortgage and your financial well-being. While refinancing can be a great benefit for those who are looking for a lower interest rate or a different mortgage type, here are the details on what it can offer and whether or not it will work for you. Acquiring A Lower Interest Rate The most common reason people consider refinancing their home is to take advantage of a lowered interest rate. While it might seem like a minimal savings…

3 Mortgage Scams to Be Aware of and How to Protect Yourself From Them

It's easy to be enthusiastic and excited about the prospect of home ownership, but it's important to be aware that there are many ways potential buyers can be taken advantage of. From courses for homeowners to companies trying to make a quick buck, there are many things to avoid. If you're on the market for a home and are trying to find the mortgage that will best benefit you, here are some of the tricks you may want to be wary of. Forgetting About The Finances The amount of home you can afford and will be approved for largely comes…

If Your Home Is Destroyed in a Natural Disaster, What Happens to Your Mortgage?

When you've been in your home for a while and have established a certain amount of equity, it can be a good feeling to know that you have an investment you can count on. However, with changing weather patterns you may be afraid of a natural disaster striking and what it could mean for your financial well-being. If you're curious about how this can impact your mortgage, here are a few things to consider. Determine Your Protection The thought of having your home adversely impacted by a natural disaster is bad, but it can be even worse if the proper…