Should You Ever Refinance Into an Adjustable Rate Mortgage?
Converting your fixed rate into an ARM isn't as crazy as it sounds. Why now is a good time to consider it.
January 31, 2024 4 MIN
Converting your fixed rate into an ARM isn't as crazy as it sounds. Why now is a good time to consider it.
How much should you save with a refinance to make it worthwhile? Is it $50, $100, or $200 a month, or more?
If you’re 70, 80, or even 90 years old, you might wonder if you can get a mortgage. Yes, thanks to strong credit access laws.
Refinancing can take time, especially as rates drop and lenders get busier. How to get it done faster.
There is no limit to how many times you can refinance, though there are some compelling reasons why you don't want to be a "serial refinancer."
A renovation refinance offers lower rates, higher loan amounts, and easier qualification than a cash-out refinance. How do you get approved?
A subordination agreement places the HELOC back in second position behind the new refinance mortgage. How to get this agreement.
In most cases, you can't immediately get a cash-out refinance after buying a property. Here are current rules and exceptions.
Listing your home for sale doesn't disqualify you from a refinance, but you may have a hard time finding a lender to do the loan.
Some lenders downplay the cost of a refinance because you can roll closing costs into the loan. Here's what you actually pay.
