Tag Archives: Mortgage

[unable to retrieve full-text content] A mortgage calculator calculates your estimated monthly payments so you can determine how to comfortably budget for your mortgage loan. The post Mortgage Calculator appeared first on The Simple Dollar. The Simple Dollar

[unable to retrieve full-text content] Despite the economic hardships people are facing around the country, this year has been a popular time to refinance or borrow money to purchase a home. The post When to Refinance Your Mortgage? appeared first on The Simple Dollar. The Simple Dollar

Refinancing has become a popular decision for homeowners in 2020, as interest rates are at historic lows. You might hear about friends or family refinancing and wonder if you should be doing the same.  While refinancing can be an effective way to reduce your mortgage interest rate or monthly payment, …

Refinancing your mortgage may help you cash in on interest rate savings, lower monthly payments and even get you access to your home’s equity. Before you move forward with a refi, though, you need to know what situations a refinance is ideal for. Interest rates are extremely low right now, …

Photo by Monkey Business Images / Shutterstock.com Originally published by Jeff Ostrowski on Bankrate.com. American homeowners will refinance mortgages worth nearly $ 1.8 trillion this year as they lock in historically low rates. However, the window of opportunity for refinancing into super-cheap loans could be closing. Many housing economists now …

If you’re trying to pay off your mortgage loan as quickly as possible, you might be wondering whether to make higher payments each month to get the job done. But can you pay a 30 year mortgage in 15 years? It’s possible, but in many cases it might be easier …

Photo by wavebreakmedia / Shutterstock.com Homeowners who are 62 or older are sitting on a record amount of home equity, according to new figures from the National Reverse Mortgage Lenders Association. From the first quarter of this year to the second quarter, housing wealth among those 62 and older grew …

How we make money: The Simple Dollar is an independent, advertising-supported publisher and comparison service. The Simple Dollar is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. This compensation may impact how, where and in what order products …

When you start the mortgage shopping process, there are plenty of different loan options to decide between. That can lead to questions about whether you only focus on fixed-rate mortgages, or whether an adjustable-rate loan is a wise choice during the current economic climate. So are ARM loans a good …