Refinance Your Mortgage to Pay Down Debt

Pay down your mortgage faster and reap the financial rewards

Debt is a significant issue for many American households, including credit card debt as well as mortgages, auto loans, student loans, and medical expenses. It might seem as though there’s no relief from high-interest balances, but you can take steps to lower your burden. For homeowners an option is to consolidate debt and lower monthly […]

How the Federal Reserve Affects Your Mortgage

This week, the Federal Reserve raised interest rates for the third time in 2018. This quarter-percentage rate increase brought the federal funds rate into the target range of 2 – 2.25 percent. The committee sets monetary policy, primarily by raising or lowering the Fed’s target for the federal funds rate, which is used as the […]

Do Low Rates Mean You Should Refinance Your Mortgage?

Mortgage rates are still at historic lows, and they are defying all predictions and expectations, by continuing to lower. Does that mean a refinance is the right thing for you right now? Low rates are just one factor that should go into your decision to refinance your mortgage. Here are a couple of other things to consider:

Take Advantage of Low Interest Rates with VA Streamline Loans

So what is this VA Streamline Loan everyone’s talking about? And have you heard of the VA’s Interest Rate Reduction Refinancing Loan (IRRRL)? Interestingly, they are one in the same! This is a loan that refinances an existing VA Loan into a new VA Loan with a lower interest rate, or for some, from an adjustable rate mortgage (ARM) into a fixed rate mortgage.

VA Home Loan Refinance Options – Take Your Pick

VA home loans are the best mortgage deal on the market today! If you qualify, or even think you might qualify, it’s important you find out how the Texas VA home loans can benefit you and your family.

On the Rise – Texas VA Home Loans

Have you been affiliated with the military and are you looking to buy a home or refinance in Texas? The VA Home Loan Program is receiving $6 billion in funding this year so this is an excellent time for you to consider a VA home loan. VA home loans are ideal for young families and first time home buyers since the borrower can finance 100% of the home’s value and purchase with $0 down. Is there any other loan program available that can offer these benefits? The answer is no.

Mortgage Rescue Plan

On March 4, 2009, President Barack Obama announced a $75 billion mortgage rescue plan providing affordable mortgage terms for countless American at-risk homeowners.

The Pitfalls of Mortgage Refinances

We’ve all heard at some time or the other how great cash out refinances are.   At first glance they seem to offer more than one benefit; they roll all your debt into one thus allowing you to manage what you owe more easily; they generate extra cash that you can use for other much-needed expenses; and […]

Texas Home Refinance Options

There are many reasons to refinance, but did you know that there are three different types of refinance mortgages. These include a Fixed-Rate Mortgage, an Adjustable-Rate Mortgage, and a Cash-Out Refinance. Texas mortgage refinance can provide you and your family with extra money and ease the tension that debt may be causing you. Like shopping for a […]