The Fed Has Bailed Out The Mortgage Market With Over 1 Trillion Dollars
In the largest bailout since the Great Recession, the Fed has bought $1 Trillion in mortgage bonds, expected to eclipse…
Category: Refinance
Refinancing for Debt Consolidation
Even if your financial situation is stable, refinancing can still help you save money by reducing your monthly payments or…
New Refinance Fee Delayed Until December 1st
A proposed fee for federally-backed mortgage refinances which was set to go into effect on September 1st has been delayed…
Refinancing Your Home: Understanding the Basics
When the numbers add up, refinancing your home can be a smart financial move. It involves paying off your existing…
Benefits of Refinancing: Lower Payments and Interest
The major reason for refinancing is to reduce mortgage payments. When interest rates fall, homeowners can take advantage to reduce…