Home refinancing remains a popular strategy for homeowners. With over 1.5 million refinances projected this year per Freddie Mac estimates, questions abound: Does home refinancing affect your credit? Temporarily and minimally refinancing may cause your credit score to dip in most cases. A mortgage refinance triggers a hard credit inquiry and opens a new account,… Read More »
This year first-time home buyers continue to face daunting barriers to buying land. With mortgage rates stabilizing at 6.75% and down payment assistance programs expanding under the Biden administration’s $25 billion affordable housing push, many are exploring alternatives to traditional turnkey homes. One “outside of the box” option is buying land outright. Can first-time home… Read More »
In the volatile economic landscape of 2025, tariffs have emerged as a pivotal policy tool under the Trump administration, sparking intense debate about their ripple effects across various sectors. As of September 11, 2025, with recent tariff implementations on imports from key trading partners like China and Mexico, questions abound regarding their influence on everyday… Read More »
In the past, qualifying for a mortgage after bankruptcy was nearly impossible. One of the most common questions we get is “How long after bankruptcy can i get a mortgage?” Many consumers do not realize that one of the best ways to reestablish credit after a bankruptcy with a mortgage. Typically after recovering from bankruptcy… Read More »
The home equity line of credit or HELOC repayment period is a unique amortization schedule that is different than most simple interest mortgage loans. The HELOC draw period typically ranges from 10 years and a HELOC repayment period of up to 20 years. The RefiGuide published this article to examine how the HELOC repayment works… Read More »
In 2025, with median home prices at $412,300 (National Association of Realtors) and 30-year mortgage rates at 6.8% (Bankrate), first-time home buyers face steep challenges. President Trump’s 2025 housing initiatives aim to ease these barriers through tax incentives, deregulation, and federal land development. The RefiGuide continues to explore these 1st time home programs, their eligibility,… Read More »
In the evolving landscape of U.S. home financing, ITIN mortgage loans have emerged as a powerful tool for individuals who lack a Social Security Number (SSN) but still dream of owning a home. Whether you’re a non-U.S. resident, undocumented immigrant, or foreign national, this guide will walk you through the essentials of ITIN home loan… Read More »
The homebuying process with a FHA loan during a Chapter 13 bankruptcy can seem daunting, but it’s not impossible. Chapter 13 bankruptcy, often called a “wage earner’s plan,” allows individuals with regular income to restructure debts into a manageable repayment plan, typically over three to five years. For those looking to purchase a home during… Read More »
In 2026, interest rates for refinancing have moved considerably higher, with conventional 30-year mortgage rates in the 5 to 6% range. If you are considering a refinance mortgage because you want to secure a low interest rate, you may want to get rolling sooner than later. There have been reports that refinances have dropped off… Read More »
The trajectory of mortgage rates in 2025 remains a critical concern for prospective homebuyers, homeowners looking to refinance, and industry stakeholders. After a volatile period marked by high inflation, Federal Reserve interventions, and shifting trade policies, the question of whether mortgage rates will fall in 2025 is complex. Will Mortgage Rates Come Down? This article… Read More »
