Tag: mortgage refinance

Reduce Your Michigan Mortgage Rate with an FHA Streamline Refinance

Michigan FHA Streamline refi

The FHA Streamline Refinance program is available for Michigan homeowners looking to save on interest payments. This program allows you to refinance to today’s low rates without the need for a new appraisal, making it ideal for homeowners with little or no equity. You may qualify for a mortgage refinance to reduce your rate by… Read more »

How to Refinance a Land Contract: What Homeowners Must Know

how to refinance a land contract

If you bought a home with a contact for deed, you may be researching how to refinance a land contract. When it comes to real estate, there are several financing options available for both buyers and sellers. One such option is a land contract, which allows for an alternative route to homeownership. Although this method… Read more »

Should I Refinance My Mortgage?

There are several reason why you might benefit from refinancing your home. Many people choose to refinance to simply lower their interest rate while others have goals of doing home improvements or debt consolidation.  Depending on your financial goals, refinancing your mortgage may be a smart choice. Refinance to a lower rate Refinance to a… Read more »

Are Adjustable Rate Mortgages Still Too Risky?

I know what you’re thinking: Why would I ever want to get an Adjustable Rate Mortgage? Isn’t it too risky? Sure, it could be. But there are actually some circumstances in which it might be the best option. Let’s look at the pros and cons of ARMs, and you can decide whether it’s too risky… Read more »

Brexit gives mortgage seekers the gift of low mortgage rates!

Mortgage rates have dropped yet again in the wake of the Brexit (Britain voting to leave the European Union).  The world markets have been very volatile since the news broke early Friday morning. Financial instability brings lower mortgage rates. Now is the best time to buy a home or refinance your mortgage to a lower… Read more »

Mortgage Rates have Dropped to Recent Lows

Mortgage rates have dropped again officially hitting the lowest levels in one year which is near historic lows. According to the Freddie Mac weekly mortgage survey, rates are as low as 3.72% for a 30 year fixed rate mortgage and as low as 3.01% for a 15 year fixed rate mortgage. If you have been considering… Read more »

Tis the Season to Refinance your Home

It’s that time of year again with the holiday’s right around the corner. Many homeowners take pride in being able to decorate their homes to celebrate the seasons. It’s one of the best parts of homeownership. Often times making it well worth the headaches and financial burdens that also come along with homeownership. Our homes… Read more »

FHA Streamline Refinance Changes

I’m sure I don’t really need to go over the drastic changes our housing market has witnessed over the past few years so I’ll just limit this blog to the ever expanding hope on the horizon for homeowners. At least for those of you who have found yourselves in quite a sticky situation in regards… Read more »