I got a call from a local bank offering to refinance my mortgage for 5.25%. On the surface this sounds like a great deal, since I’m currently paying 6.125% on my mortgage. But here’s why I’m not taking the offer, and some of these reasons may be things to consider if you too are faced [...]
Closing costs for a home range from 3-6% on average, and most lenders require at least and additional 5% down payment.
My wife and I have bought two houses, sold one house and refinanced once. Here’s how we’ve saved on our closing costs, mortgage and more – and you can too!
Have the seller pay the closing [...]
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