To refinance a mortgage means you get a new loan to replace the old home loan, and there are numerous reasons to refinance your mortgage. To get a lower interest rate on your mortgage along with a shorter term. To get a shorter term so that the mortgage can be paid off sooner. For example, you Read More
What Is Private Mortgage Insurance?
Jan 17 2017
You need a downpayment to purchase a home, but if yours is less than 20 percent of the home, you may have to pay for private mortgage insurance. What is Private Mortgage Insurance? Normally, when you go through the payment process of buying a home and want to qualify for a good mortgage, you make Read More