How & When to Refinance

By the middle of 2021, total U.S. household debt was more than $14 trillion, according to the Federal Reserve Bank of New York. Credit card debt accounted for $0.79 trillion of that total.  While Americans have paid down their credit card balances by $140 billion between the end of 2019 and the first quarter of...

There comes a time in every relationship when you need to have a little chat about the future. And that can be a pretty stressful conversation if you aren’t ready for it. Luckily, when it comes to refinancing your Federal Housing Administration (FHA) insured mortgage, the conversation is pretty simple (and far less awkward) –...

Mortgage payments are the most significant expense for most people, with the typical U.S. homeowner paying $1,944 per month toward their mortgage. In certain cases, refinancing can help save you money or reduce the size of your monthly mortgage payments. Some homeowners who refinance do so because interest rates are lower and they want to...

One of the great things about mortgages is that if you don’t like your current one, you have the option to refinance and get a new one. As a homeowner, you’d probably refinance for one of these reasons: The refinancing process is pretty much the same process you went through to get your home mortgage....

Are you experiencing a sudden financial hardship such as a loss of employment? Discover how refinancing can help reduce your monthly mortgage payment.

Learn how to lower your monthly mortgage payments and the interest rate on your home loan by refinancing.

Compare the pros and cons of refinancing with current low mortgage rates to making additional payments towards the principal and saving on interest.

With growing consumer debts, should consumers refinance their mortgage to pay off debts? Discover some of the pros and cons.