Lower Rates, Lower Payments A classic reason to refinance is to get cash out. Whether it be to add an extra room or buy a second home, a cash out refinance could be just the right move to make. When you lower your interest rate, you can get a cash out refinance as well. This…

The average 30-year fixed rate for a conforming loan fell to a record-low 3.47% last week, the Mortgage Bankers Association said Wednesday. U.S. mortgage rates tumbled to the lowest on record last week after the Federal Reserve slashed its key lending rate and pledged to pump billions into the mortgage bond market to support liquidity.…

Have you been in your home for quite awhile and are thinking about doing some home improvements? Or maybe your credit card balances are getting a bit too high? If you currently own a home and there is equity available in the home you can take out a cash loan for more than your current home…

When you purchase a home you most likely took out a mortgage to buy the home. If you choose to get a new mortgage to replace the first one, that is called refinancing. If you’re credit is in good shape, refinancing can save you some money by adjusting your interest rate from a variable to…