In addition, with a cash-out refinance, you could potentially be setting the clock back when you start a new 30-year loan, which sounds like an awfully long slog if you’ve already paid off ...

If you don’t plan on being in the house long enough to recoup the cost and will only be saving on the monthly fee, then it doesn’t make sense to refinance. Homeowners may find a mortgage ...

Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.

No, a bank cannot force you to refinance after a divorce. That said, refinancing after a divorce may be a good idea, depending on who’s keeping the house and what their financial situation looks ...

“Marry the house, date the rate” is a phrase that was popularized during the post-pandemic era of rising mortgage rates. Lenders urged borrowers to focus on finding a house they were head over ...

Buying a house is an attractive proposition in these days of low mortgage interest rates and fallen prices. But if you want to buy a new home, while renting out ...

QUESTION: Joseph on Facebook asks if it’s possible to refinance a house with basically no credit. Dave says yes. ANSWER: The question is can you get a mortgage with “no credit?” Yes, you can ...

With interest rates lower than they’ve been in years, many consumers are looking to buy a home or refinance their student loans. So, is there any reason why you can’t ...

“I would look at a cash-out refinance if my client needed a lump sum of money, like $25,000 for a remodel that may improve their home value,” adds Cheryll A. LeBlanc, a loan officer at Fairway ...