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Tags » Consumer Tips
Refi or Wait? How to Choose Between Refinancing Your Mortgage Now or Waiting Until You Need the Money
Refinancing your existing mortgage may provide you with the opportunity to lower your interest rate, reduce your mortgage payment and adjust your loan term. For those homeowners who have lived in their home for more than a few years, pulling equity out of the property for everything from a luxurious vacation to making home improvements is a tempting potential benefit. 332 more words
Last week’s economic news largely concerned the Federal Reserve’s FOMC meeting statement and a post-meeting conference given by Fed Chair Janet Yellen. The FOMC statement indicated that the Fed CONTINUED its wind-down of Treasury and mortgage-backed securities and that its purchases are expected to cease after the next FOMC meeting. 556 more words
Buying a home is one of the most exciting times that an individual will undertake in life. However, a property purchase is not without its challenges, and these can cause frustration. 388 more words
Last week’s housing related economic reports were slim, but an unexpected increase in weekly jobless claims gained attention. Analysts calmed concerns by noting that last week’s reading of 315,000 new jobless claims was not far removed from jobless claim levels before the recession. 460 more words
During the course of a marriage, it is common for the couple to acquire property together. This is what is referred to as joint or community property. 367 more words