5 tips for refinancing a mortgage today

ip No. 1: Shop around.
Mortgage rates vary widely, so experts recommend doing lots of research before settling on a deal.

"We're seeing an increase (in) pricing disparity between lenders, which means it's more important than ever to shop around for your loan," says Mona Marimow of mortgage website LendingTree.com. "Rates can vary by 1% or more from lender to lender, translating into a difference of about $140 per month on a $250,000 loan."

Lantz adds that consumers should look at more than just rates.

Finding a Mortgage - Top Ten Tips

In the last year the economic downturn has changed the face of the mortgage industry some claim for good. Banks and other lenders have cut mortgage lending severely and finding a mortgage is no longer an easy task.

Buying a house is one of the biggest purchases we make in our lives and picking the right mortgage is essential. Here is the conundrum: fewer lenders mean lesser choices, so in these tough economic times how do you still get the best mortgage deal. Below we will provide you with 10 valuable tips that will help guide you to your dream home and help find you a suitable mortgage.

1. Do your research well

There are some really good mortgage brokers that will tailor-make a suitable mortgage plan for your needs. However, before you go to one of these brokers do a little research on the internet to see what your options are, in addition, this gives you a better understanding of how things work.

5 tips for first-time home buyers

So you've decided to go for it. Buying a home can be thrilling and nerve-racking at the same time, especially for a first-time home buyer. It's difficult to know exactly what to expect. The learning curve can be steep, but most of the issues can be resolved by doing a little financial homework at the outset.

Take these five steps to help make the process go more smoothly.

Mortgage Tips For First-Time Buyers

Maybe I have written several times about tips for first time buyers, but I think this tips are the most useful.

So, First-time buyers, a phrase we categorize ourselves as when we make that all important decision to buy our first home.  People tend to feel overwhelmed, stressed and daunted with the whole affair.  I want to reassure you that it does not need to be daunting.  I want you to feel comfortable with the process, so I have put together some mortgage tips to help you successfully buy your first home.

PAYING OFF A MORTGAGE EARLY

Paying off your mortgage faster may not be your goal when you first buy a house, but after a few years your financial situation may change. If you have more income than you did when you first bought the house, you might consider paying off your mortgage early.

10 Things to Consider Before your Mortgage Renews

1. Have you explored all your options? 
Once you receive your mortgage renewal statement, there’s
nothing easier than simply signing on for another term.
But while this may makes sense in many cases, your
family or financial situation may have changed over time.
We can look for opportunities that could better meet your
needs right now.