refinancing « Personal Finance Blog

Posts Tagged ‘refinancing’

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.

3 Ways to Lower Your Mortgage Rate

March 3, 2011

If you’re planning to buy a new home, there are a few things you can do to save yourself a bundle of money before even walking into your first open house. By positioning yourself to get the lowest interest rate on your home loan, you can save thousands of dollars over the life of the mortgage. We show you how to do it.

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.

4 Reasons to Refinance Your Home Loan

February 18, 2010

By: Chris Klau While lowering your interest rate on your home loan and saving money on your monthly mortgage payment is a good reason to refinance, it’s not the only one. Your home loan, if used properly, can help you achieve greater financial freedom and flexibility. It can help you accomplish life goals like going [...]

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 [...]

When a Bill Becomes a Law: The Housing Stimulus Package Passed!

August 4, 2008

Remember School House Rock? How a bill becomes a law? In 5th grade, I played “Bill” in a 1-act play staged in our school cafeteria. But I never thought my star appearance would come in handy until this week when some huge housing changes were signed into law. I wrote about this last week, but [...]

Take a Ride on the FHA Express!

June 16, 2008

By: Greg Lundgren Greg Lundgren is a Home Loan Expert with Quicken Loans and brings more than six years of mortgage experience to share with you on the Quizzle Blog. Greg specializes in FHA financing and enjoys helping people get into the right mortgage for their unique circumstances. The Federal Housing Administration (FHA) has been helping people become [...]