Home interest rates reached all-time lows in recent months, a factor that motivated many homeowners to look into refinancing their mortgages. While the thought of changing out your interest rate for a lower one and reducing your monthly mortgage payment may seem...
Refinancing
How to decide whether to refinance again
-Today, mortgage rates are at all-time lows. Thus, it's refinancing time for many borrowers once again. There are many benefits that homeowners can reap from refinancing their mortgages. Borrowers can lower their interest rates and save money in the long-term....
Homeowners with poor credit scores can refinance their homes
Many Georgia homeowners find themselves looking into the prospect of refinancing their mortgages as interest rates are currently at historic lows. Not everyone has perfect credit, though. The good news is that your score may not prevent you from moving forward with...
Factors that you need to consider before considering refinancing
Interest rates are at near-record lows, but that doesn't mean refinancing at this point is necessarily right for you. You need to know your credit score and take various details into consideration before you decide to refinance your mortgage. One of the reasons why...
Refinancing your mortgage may not be right for you
Mortgage rates are currently at record lows here in Georgia and throughout the rest of the United States. This has motivated many borrowers to refinance their homes in recent weeks and months at a higher frequency than they ever have done so before. Refinancing your...
The number of homeowners looking to refinance their homes soars
Mortgage interest rates dropped to historic lows here in the United States earlier this week. The end of the drops may not be over either. It wasn't long after 30-year fixed mortgage rates dropped to between 3 and 3.375% this past Monday that lenders started receiving...
Why might you want to steer clear from refinancing your home?
There are many reasons that Augusta homeowners consider refinancing their homes. Many individuals are motivated to do so to take advantage of low interest rates and to lower their monthly mortgage payments. While there are many valid reasons why a Georgia homeowner...
Refinancing declines as the Federal Reserve caps interest rates
Last month, the Federal Reserve Board announced that they're capping interest rates where they're at for the time being. There's been a decrease in mortgage applications since then. There are signs that fewer homeowners are interested in refinancing their loans as...
Many homeowners refinancing their mortgages as rates fall again
Many homeowners here in Augusta and elsewhere in Georgia may be looking to refinance their mortgages soon. A new report from MarketWatch shows that the yield on Treasury notes declined earlier this month. This caused a chain reaction whereby mortgage rates also have...
Atlanta refinancing happens at all levels of property value
There are many good reasons to refinance a property or other asset. The status of ownership may have changed due to a marriage or divorce. A better interest rate may be attractive enough to go through the process. In many cases, it is a financial necessity....