Tag Archives: featured

What Credit Score Do You Need for a Mortgage Refinance?

Many homeowners want to know what credit score they will need to refinance their mortgage in 2024. Credit score requirements for mortgage refinancing play a crucial role in determining your eligibility and the terms of a new refinance mortgage loan. While there are minimum credit score requirements for a mortgage aim for higher credit scores… Read More »

How Much Does It Cost to Refinance a Mortgage?

Closing costs on mortgage refinance loans are an important component to consider when applying online. Many homeowners are considering a mortgage refinance as rates have been on a generally near record lows over the last few years. Even though they are higher than they were, rates are still historically low, so now could be a… Read More »

Cash Out Refinance vs Home Equity Loan

Today homeowners looking for cash out have a choice to refinance or take out a home equity loan in an effort to leverage the equity in their home for money. Let’s explore the pros and cons of a cash out refinance versus home equity loans. In most cases, when the interest rate trend is upward,… Read More »

How Long Does It Take to Refinance a House?

Applicants always want to know how long it takes for the home refinance process from the time they complete their residential loan application. Refinancing your house means you are getting a new home loan, so it can take some time. In many situations, the timeline for refinancing a home takes 30 to 45 days on… Read More »

What Are the FHA Loan Income Limits & Requirements?

If you are intending to get an FHA mortgage this year, you will be interested to learn FHA loan requirements and loan amount limits for the year. FHA recently announced its updated limits for 2024. It appears most of the US will see a substantial increase which is great new for first time home buyers… Read More »

Texas First Time Home Buyer Guide – 2024

Even with higher interest rates, Texas first time home buyer rates continue to soar. First-time homebuyer grants in Texas can be a game-changer for those looking to buy their first home. Like the rest of the country, the housing market in Texas has experienced a roller-coaster ride in 2024 because of the inflation and rising… Read More »

Nevada First Time Home Buyer Guide

Nevada is one of the fastest-growing U.S. states, both according to the total number of new residents since 2010 and the percentage growth rate resulting from the hundreds of thousands of new Nevadans. All that growth has made the Nevada housing market one of the most exciting in the country. Like the rest of the… Read More »

When You Should NOT Refinance Your Mortgage

Home mortgage refinance rates have been surging higher in 2023. If you can refinance your mortgage and save at least .5% on the rate, it can be a way to save you big bucks in interest and payments over the years. But the decision to refinance should be carefully weighed. Below are five reasons you… Read More »

California First Time Home Buyer Guide

First time home buyers in California have significant opportunities and challenges as well. California has long been one of the most expensive housing markets in the country, and it’s no wonder why. It’s the state with the highest population, and it’s growing. In fact, the state has added more than 2 million residents over the… Read More »

Florida First Time Home Buyer Guide

In the last decade, Florida’s population has surged, increasing by more than 2.6 million people. This remarkable demographic shift ranks Florida as the second-highest state in the country in terms of numerical population growth, second only to Texas. Given this substantial population influx, it’s unsurprising that Florida’s housing market is experiencing considerable expansion, resulting in… Read More »

Alabama First Time Home Buyer Guide

While Alabama isn’t among the biggest U.S. states, it is one of the states in its region that’s added the highest number of residents over the past decade. In fact, Alabama ranks in the middle among all Southern states when it comes to population increase since 2010. The state’s population growth has a knock-on effect… Read More »

When’s the Best Time to Refinance Your Home?

When mortgage rates plunge, many homeowners decide to refinance their home loans. While mortgage refinancing activity rose in 2020 with lower interest rates, it may not always be the best time to refinance. Knowing when you should refinance in your specific situation is critical. This article will tell you what you need to know about… Read More »

Most and Least Affordable Places to Buy a Home

Published on August 20th, 2020 by Refiguide.org. Reviewed by Peter G. Miller The Coronavirus pandemic has upended the real estate market so far in unexpected and varied ways. Record low mortgage interest rates combined with people spending most of their time at home has caused a boom in home buying in many housing markets despite… Read More »

Most Affordable Rental Markets in America for 2020

Most financial experts advise the average person to spend no more than 30% of their income on housing. The likelihood of making that happen, though, depends largely on where you live. That’s because for people in dozens of American cities, the typical person sees nearly all of their income gobbled up by rent. According to… Read More »

Most Affordable Million Dollar Housing Markets

The terms “affordability” and “ultra-luxury housing market” may not immediately seem like they go together, but the truth is that as the U.S. housing market continues its recovery and median sales prices keep trending upward, more and more cities and towns across the country, even some not necessarily considered elite enclaves, will likely see their… Read More »

Where Home Prices Are Rising the Fastest (Slowest)

Since the end of the great recession, home prices in America have rebounded substantially. Since the dark days of 2009, prices have steadily climbed and are up over 50% on average from the lowest point. This is great news for homeowners whose homes may be worth more than their pre-recession values, but less great news… Read More »