Sunday, September 5, 2010

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From the category archives:

Refinance Process

Four Possible Reasons To Refinance

by Jonas Kruckeberg March 31, 2010

A mortgage is generally the largest debt most homeowners have to manage.  It’s a good idea to give your personal real estate finance portfolio a check-up at least once a year.
Since there are many reasons a homeowner may choose to refinance, we’ll take a look at the four most common.
1.  Mortgage Rates Drop:
Typically, the most common reason [...]

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Should I Refinance or Get a HELOC For Home Improvements?

by Jonas Kruckeberg March 28, 2010

For homeowners interested in making some property improvements without tapping into their savings or investment accounts, the two main options are to either take out a Home Equity Line of Credit (HELOC), or do a cash-out refinance.
According To Wikipedia:

A home equity line of credit is a loan in which the lender agrees to lend a [...]

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Calculating The Net Benefit Of A Refinance Transaction

by Jonas Kruckeberg March 28, 2010

Calculating the net benefit of refinancing can be a challenging task if you do not understand what to calculate. We are going to focus on the net benefits of refinancing from the standpoint of lowering your interest rate.
Although there are several reasons to refinance, lowering your mortgage rate to save on interest payments over the [...]

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