TODAY’S NEWS

Should you Refinance your 30-Year Loan?
Many people think that when rates drop they should jump on the refinance bandwagon and get that lower rate. For some people this might be the right option, but likely to be for a select few. A lower rate is not the only thing you need to look at – there are many...
How to Improve Your Credit Score, Straight From FICO and VantageScore
Lenders have been using FICO or VantageScore credit scores in assessing mortgage applications. They primarily rely on these scores to determine the rate a borrower applying for a mortgage will get. Credit scores are a reflection of your credit report, a log of your...
A Senior’s Guide to HECM Refinance Costs
One primary requirement for any HECM refinance is meeting the refinance benefit factor. Simply put, your benefit from the refinancing should be five times more than the costs associated with the refinance. Refinancing your existing Home Equity Conversion Mortgage can...
What Qualifies for a Mortgage Interest Deduction?
The mortgage interest deduction is hailed as an important driver of the housing industry. It incentivizes those who buy homes and itemize their tax deductions. Recently, the IRS has stepped up its scrutiny on tax deductions from mortgage interest. While the move does...
Costs to Consider Before You Move In
So you’re uprooting your life, moving out of your lair to reboot your life somewhere else. It sounds dramatic, but in reality, moving could be less of a drama and more of a headache.Indeed, there are things to keep in mind before your move-in day. For starters, you...
