Is your Mortgage Rate over 4.00%?

Refinancing your mortgage means replacing your current mortgage with a new loan. The most common reasons why owners refinance are to lower their interest rates and lower their monthly payments. However, homeowners may refinance for a variety of reasons, such as wanting to change the terms of the loan, using their home’s equity to make …

The true costs of Renting vs. Owning

There’s more to comparing the costs of renting and owning than the dollar cost of payments. Even with numbers like these, some still say renting is better: "Investing in a home is riskier than renting." No risk, no reward. Besides, even studies conducted by the Federal Reserve show that owning can provide a net worth that is …