Working families can now reap the benefits of an $800 annual savings on mortgage payments thanks to a 30 basis point reduction in FHA Annual Mortgage Insurance Premiums, part of President Biden and Vice-President Harris’ efforts to make homeownership more accessible and affordable. HUD’s announcement of a 30 basis point reduction to the annual mortgage...
Should I Refinance My Mortgage?
With today’s interest rates still incredibly low, refinancing is still a common topic of discussion. Refinancing can be a great way to help save money, but it’s not a great option for everybody.
Refinancing Your Current Mortgage
Refinancing is the process of paying off your original mortgage and replacing it with a new one. If your current financial situation is different from what it was when your first mortgage was originated, you may benefit from a refinance.
Myths About Refinancing a Mortgage
Refinancing isn’t for everyone. But it can be beneficial. So it's important to know the facts. That way you can make an informed decision if refinancing is right for you.