Summary: This article discusses the pros and cons of applying for a cash-out refinance mortgage loan. While many financial goals are successfully achieved with this product, there are – as with any form of credit – costs and risks. Changes…
Home prices in Seattle have risen steadily over the last couple of years, posting double-digit gains in 2016 alone. This put a lot of local homeowners in a good position to refinance. But lately, mortgage rates have also been rising,…
Let’s face it: we have been living in a nice dream world for a long time. Rates have remained at historically low levels for nearly a year—on December 30 of last year, we saw a plunge in rates followed by…
Summary: Are you currently paying private mortgage insurance on your Washington mortgage? If so, depending on where you live, increases in equity could allow you to stop paying this additional premium. Read on to find out more. We have been…
With mortgage rates still at historically low levels, why are some homeowners still laboring with higher interest rates? If they can save money, what stops them from taking a step that will put money in their pockets each month? We…