Refinancing Your Home Mortgage Loan – Refinance Your Adjustable Rate Mortgage
By Carrie Reeder
Refinancing an adjustable rate mortgage (ARM) is a common practice for borrowers. However, it may not always be the best option. Depending on how high interest rates climb, there are cases when you could end up spending more on converting your mortgage than you would save with a locked in interest rate.
Categories: Mortgages Tags: adjustable rate mortgage, mortgage refinance
3 Rules of Thumbs for Mortgage Refinancing
by: Stephen L. Nelson, CPA
You might think that deciding to refinance a mortgage requires only a quick comparison of loan interest rates. Unfortunately, that’s not really true. Refinancing is trickier than that! Fortunately, three useful rules of thumb can often help you make sense of refinancing opportunities.
Categories: Mortgages Tags: mortgage refinance