If you can refinance a $200,000, 30-year mortgage from 7 percent to 4 percent, you’ll end up $135,000 richer. But refinancing these days is a minefield. Wouldn’t it be nice if you could pick up the phone and call an expert for free help to get it done? As it happens, you can. Here’s some advice and an 800 number.
I have to sell two houses, and I’ve already made a lot of mistakes. Here’s what the pros tell me I need to do.
If you can lower the interest rate on your $200,000 30-year mortgage from 6 percent to 3.5, over the life of the loan you’ll keep $100,000 that would otherwise have gone to your lender. Don’t have good enough credit or enough equity to refinance? If the White House has its way, there’s help ahead.
Want to make money from your house? Rent it out, then rent another one from a clergyman or college professor.
You probably spend more per month on rent than anything else. So why pay more than you have to? Here are eight easy ways to lower the cost.
Don’t let a landlord run your life or ruin it. They may own the property, but you have rights. You just have to know how to use them.
Boomers have lived through very high and very low interest rates. We’ve seen enough to know that current rates won’t last forever. But which way will they go next?