Posts Tagged ‘15 Year Mortgage’

Should You Refinance Your Mortgage?

Gregg Pennington asked: With interest rates near all time lows, many people are refinancing their mortgages. Chances are one of your friends or family members has recently refinanced and reduced their monthly mortgage payment. Refinancing a mortgage is simply taking out a new loan with different terms – hopefully more favorable ones. Because your new [...]

How to Refinance a Mortgage

Michael Kohler asked: If you are considering refinancing your mortgage due to an inability to make your current mortgage payment, or to get equity out of your home due to appreciation in value, there are a few things you should consider before making this large financial decision. Your house is probably your biggest investment and [...]