The internet is a treasure trove when it comes to finding information that can help you buy your first home. Unfortunately, searching for âHow much house can I afford?â will mostly lead you to online calculators that use an algorithm to come up with a generic estimate. To come up with a figure, these calculators […]
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Mortgage interest rates dropped dramatically over the summer, to the point where home loans have never been cheaper in most of our adult lifetimes. With rates at historic lows, you mightâve considered taking advantage of them, either by purchasing a new home or refinancing your current mortgage. Recent figures from Freddie Mac show that mortgage […]
The post Why Refinance Rates Are Higher Than Purchase Loan Rates appeared first on Good Financial CentsÂ®.