What Happens to My Escrow Account If I Refinance?
All mortgages require a monthly payment. Typically, the monthly payment consists of the principal repayment, prorated property tax, prorated homeowner’s insurance payment and interest. Of these, your taxes and insurance payments are held in a trust account with...
Don’t Know Your Mortgage Rate? You Could Be Costing Yourself Thousands
(TNS)—Not knowing your mortgage rate can be an expensive mistake, especially in this rising interest rate market. Yet nearly three in 10 mortgage holders (29 percent) either didn’t know their mortgage rate or wouldn’t say, according to a survey by...
New Initiative Opens Door to Airbnb Refi Options
The rental industry is changing. In the last few years, Airbnb has become increasingly popular, especially among young travelers, as an alternative to pricy hotels and a shortage of short-term rentals in the market compared to traditional one-year leases. Now,...
If You’re Struggling With Mortgage Payments, HARP Might Help
(TNS)—HARP, or the Home Affordable Refinance Program, is a great way to refinance your mortgage and save a ton of money in interest charges. HARP allows homeowners who have little or no equity in their homes to refinance their mortgages and get lower interest rates....
The Summer-Ready Home
No matter what the season, it’s important to keep up on home maintenance. With summer just
around the corner, we’re sharing our top seasonal maintenance tips for inside and out.
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