What Is an Appraisal Waiver? A Way To Save Cash on a Refinance
When interest rates dropped to record lows in March, I decided to refinance the mortgage on my house. Yet after applying for a refi with my lender, it sent me an email that left me …
When interest rates dropped to record lows in March, I decided to refinance the mortgage on my house. Yet after applying for a refi with my lender, it sent me an email that left me …
The retirement savings of Americans — while initially shielded from some of the immediate economic shock stemming from the COVID-19 coronavirus pandemic’s effect on the stock market — were nonetheless exposed to considerable risk by …
Mortgage rates have fallen to a new all-time low for the fourth time this year. But there’s significant upside risk to the low rate environment, and Americans may not want to wait too much longer …
Getting a mortgage, paying your mortgage, refinancing your mortgage: These are all major undertakings, but during a pandemic, all of it becomes more complicated. Sometimes a lot more complicated. But make no mistake, home buyers …
A Certified Financial Planner (CFP) recommends that for homeowners looking for a fast source of cash during the coronavirus pandemic, home equity – and specifically a reverse mortgage – could be an avenue worth exploring. …
If you’re hoping to sell your home, knowing your property’s value is essential for pricing it right to make buyers bite. Or, maybe you don’t want to sell your home right now, but are just …
A reverse mortgage has the potential to help retirees weather unexpected or emergency expenses in retirement, and should be seen as a viable path that can help certain seniors make ends meet. This is according …
The coronavirus crisis has heightened financial anxiety and uncertainty. But if buying a home has been part of your life plan, there’s no need to panic. Many Americans will receive stimulus payments in the coming …
Reverse mortgage applications are up during a time when many senior homeowners are looking for “lifeline” to help lessen sequence of returns risk, writes CNBC in an article published Monday. Further, some advisors are taking …
During the current financial crisis, you may ponder the idea of simply stopping payment on your mortgage. It is an option that some may want to consider in difficult times, but it is a bad …
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