Should I Refinance My Interest Only Mortgage?

An Interest only mortgage is exactly what it sounds like — a type of mortgage that allows a buyer to pay only the interest (rather than the principle and interest) due on the mortgage each month.

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Refinancing 101

As interest rates remain at historic lows, many homeowners wonder if it’s time to refinance. Before you make that decision, be sure to review these Refinancing 101 tips.

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Thinking About Refinancing? How to Assess Your Budget

For many homeowners, refinancing is a great idea. But unless you’re planning to stay in your house for a long time, you have accumulated a significant equity stake in your home and refinancing is part of a long-term plan for financial security, it may not be wise.

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