In this era of probably-soon-to-be-gone low interest rates, homeowners may be asking themselves if now is a good time to refinance their homes. To be able to answer this question, you need to first answer these three questions: Will a lower rate actually work in your favor? How much will the refinance (refi) cost? And … Continue reading Should You Refinance Today?
Just like the stock market, mortgage rates fluctuate. They may move daily, or even hourly, and often significantly in response to global events. When you are negotiating a mortgage, you can “lock in” the mortgage interest rate through an arrangement with your lender. The arrangement will specify a time period over which you can lock … Continue reading Ensure Your Happiness with a Locked-In Rate