Refinancing your mortgage is similar to closing on your home with one exception – there’s no down payment. Depefnding on your current financial circumstances, the cost of refinancing might not outweigh the overall savings. Refinancing your mortgage could save you thousands or even tens of thousands of dollars over the […]
US Home Equity Reaches Record Highs
Despite the pandemic and a slow economy, housing prices are continually rising. As a result, many homeowners have benefited enormous home equity growth over the past several years. According to Black Knight, the mortgage data firm, US homeowners have amassed over $9 trillion in usable equity during 2021, and the […]