Interest rates are hitting new record lows, but banks do make it even more difficult. Here’s how you can better your chances. There has never been a more appropriate time for trying to refinance your mortgage. Rates are at record lows. The government is devising new programs to help homeowners. The economy and job market…
Month: November 2016
Homeownership Now As Low as in 1965
We guess that the fact that young people are not interested in buying a home at once these days has been a big contribution to the fact that the housing industry has never truly recovered from the Great recession. This means that while the interest rates are still quite high right now, the percentage of…
Americans Ask for More Refinancings This Year Than the Last Year
In a world where the mortgage payment’s interest gets as high as it can be, the refinancing is… Have interest rates fallen? Do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage? Would you like to switch into a different type of…