Even though 2020s historically low interest rates are on the rise, it’s still a good time to refinance your mortgage and save thousands over your loan term. (iStock) The coronavirus pandemic added stress over personal finances for many Americans. Nearly one-third of Americans reported that their investments were negatively impacted. Thankfully, the Federal Reserve’s lowering
Tag: Mortgage
Karl Mondon/Getty Images A variety of important mortgage rates saw growth Friday. While 15-year fixed mortgage rates were the same, interest rates on 30-year fixed mortgages inched up. We also saw a rise in the average rate of 5/1 adjustable-rate mortgages. Although mortgage rates are always changing, they are quite low right now. For those
Jim Lane/Getty A variety of significant mortgage rates inched upward today. The average interest rates for both 15-year fixed and 30-year fixed mortgages both saw increases. We also saw an upward trend in the average rate of 5/1 adjustable-rate mortgages. Although mortgage rates are always moving, they are quite low right now. For those looking
Real Estate Investor, Syndicator, Operator, and Author, Matt Picheny is the Founder of Picheny – Your Backstage Guide to Passive Investing. getty I’ve been investing in real estate for over 15 years, but at the beginning, like most people, I immediately began trying to pay off my mortgage, figuring the quicker I got rid of the debt,
President Joe Biden (Photo by Tasos Katopodis/Getty Images) Getty Images Do you qualify for $10 billion of Covid-19 mortgage aid? Here’s what you need to know. Mortgage Relief Inside the latest stimulus package, there’s a lesser known type of Covid-19 relief that could help millions of homeowners who are behind on their mortgage payments. While
Learn how to refinance your mortgage after forbearance ends. (iStock) The COVID-19 pandemic caused millions of Americans to experience financial hardship. As a result, some homeowners haven’t been able to keep up with their mortgage payments. To provide some relief, the federal government included a mortgage forbearance plan in the CARES Act for federally backed