Top Of The Week

What is the trade off if you get a 15-year mortgage rather than a 30-year mortgage?

A 15-year mortgage has some advantages compared to a 30-year mortgage, such as lower total interest paid, a lower...

Is refinancing easier than getting a new mortgage?

Because you already own the property, refinancing is likely to be easier than getting a loan if you're buying for the...

What is the number one downfall to refinancing your home?

The main disadvantage of refinancing is that it costs money. What you're doing is applying for a new mortgage to pay off...

How to pay off a 30 year mortgage in 10 years?

How to pay off your 30-year mortgage in 10 years With the proceeds from the sale of your largest home, you may be able to ...

What can stop you from refinancing your car?

A lender may refuse to refinance a car if your current loan is too new, if your car is too old or has too many...

Does refinancing start the loan over?

Refinancing doesn't restore the repayment term of your loan, but it does replace your current loan with a new one. You...

Top Of The Month

Does refinancing get you a new car?