refinance « Personal Finance Blog

Posts Tagged ‘refinance’

How to Decide between a 30-Year and 15-Year Mortgage

September 30, 2011

When buying a new home or refinancing an existing home, one of the many decisions that must be made is what kind of mortgage you’re going to get. With that decision, is the option of term – or the length of your loan (ex: a 30-year loan has payments spread out over 30 years). For most borrowers, this means choosing between the ever-popular 30-year or 15-year fixed-rate mortgage.

Before you decide what term is best for you, make sure you weigh the pros and cons of each to determine which option is right for your personal financial situation.

New Realities of Mortgage Refinancing (Part 2)

September 28, 2011

In part one of this series, we discussed some of the new realities of mortgage refinancing in an interview with Quicken Loans Vice President and mortgage industry veteran, Stephen Luigi Piazza. The discussion continues here in part two, with more tips and trends that homeowners should know about if they want to refinance their mortgage today.

New Realities of Mortgage Refinancing (Part 1)

September 21, 2011

With mortgage rates at record lows, many homeowners are looking to refinance their mortgages to save money on their monthly payments and/or pay off their mortgages faster. But what do people need to expect if they want to refinance? Is it still possible to get a home loan? Do you need a perfect credit score? What does it take to qualify, and what options do borrowers have for structuring their new loans?

Should You Refinance Your Home?

June 23, 2011

Whether you’re interested in lowering your mortgage rate, or you’d like to shorten your loan’s term, refinancing your mortgage can mean big savings for you… or it might not be worth it, depending on your personal situation. Find out how to decide whether you should refinance.

Home Loans 101: What You Need to Qualify for a Mortgage Today

February 17, 2011

Not sure what it takes to get a home loan today? Home Loan Expert, Eric Ehrhardt, covers the most important basics – credit, equity, income and assets – so when you’re ready to buy your dream home or refinance your existing home, you’ll have everything you need to qualify and move through the mortgage process with ease.

5 Tips to Get Your Financial Life Ready for the New Year (Part 2)

December 14, 2010

In part one of this article, we looked at some key “to do” items to get your financial house in order in time for the new year. In addition to monitoring your credit, debts and savings, there are also some smart moves you can make to save on 2010 taxes and improve your long-term cash flow by re-thinking your home loan.

When Is the Right Time to Refinance?

September 10, 2010

As mortgage rates hover at historical lows, many homeowners are running out to refinance. But is now the right time for you to get a new home loan? Learn how to analyze your mortgage situation so you can decide if refinancing makes sense for you.

12 Ways to Spring-Clean Your Finances

March 30, 2010

The first day of spring has come and gone, officially marking the time of year to clean house – and not just your literal home. It’s also the perfect season to tidy up your finances. Just like you might have a “to do” list for your house spring cleaning tasks, here are 12 simple to dos to help you clean your financial house.

55 Money Saving Tips (Your Wallet Will Thank You)

September 14, 2009

Whether you’re strapped for cash or feeling comfortable, we could all stand to make a few tweaks to our personal budgets. Save more, save faster and save smarter with these money saving ideas: 1. Pay yourself first. Save money without thinking about it. Set up direct deposit into a savings account and watch your nest [...]

Quicken Loans & Quizzle Chairman Dan Gilbert’s Proposal To Fix The Housing Crisis – A Solution That Works!

October 6, 2008

Got something big to tell you all about. HUGE. Ginormous – and yes, that is a real word. The video is on CNBC. It’s in the newspapers. And I mean, really….that’s just how Quizzle blog rolls. Ginormously. Back to the news. Told y’all about the bailout bill last week, right? Well, it finally passed. But [...]

How to Navigate a Buyer’s Market as a Homeowner

August 13, 2008

There seems to be a crossroads that many homeowners reach after being in a home a few years: should you refinance your current home or buy a new one? Especially in a market like we are in now, real estate is really “on sale.” Some people struggle with staying in their current one or taking [...]