When it comes to securing a mortgage, most borrowers focus on getting the lowest interest rate possible. However, there are different strategies you can use to adjust your mortgage rate, depending on your financial goals and situation. Two common tactics are buying down the rate through points and buying up the rate, which can reduce … Read more
Refinancing your mortgage can be a smart financial move, but it’s important to understand when it makes the most sense. While a lower interest rate is a common reason, other factors like changing loan terms or tapping into home equity can also drive the decision. Let’s dive into the key factors to consider when deciding … Read more
This post may contain affiliate links. Please read this disclosure for more info. I recently refinanced one of my student loans. I think it was a smart move because I’m no longer paying close to 7% interest on that loan. However, the decision really wasn’t that simple. There are several things to consider before refinancing a loan. … Read more