How Does a Cash-Out Refinance Work?

While there is some definite softening in the real estate market, the prices in most places are still sky-high. That’s leaving homeowners who aren’t ready to sell wondering how they can tap into the high home prices. One way is to use your equity, and a cash-out refinance one specific option to do t

How to Beat Sellers' Stress

Three things are certain in life: death, taxes ... and undue stress caused by moving. Whether or not you use the services of a Realtor® to help you wade through the uncertain waters of the buy-and-sell process, moving is stressful, period. And there's not much you can do to avoid it. And we're not j

Smart Tips to Pay Your Mortgage off Early

New data shows that nearly 40 percent of all homes in the United States are owned free and clear. When many a real estate dream is focused on the idea of buying a home and staying just long enough to earn enough equity to move up to something bigger and better, this may come as somewhat of a surpris

Mortgage Rates Average 6.52%

 Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.52%. “The 30-year fixed-rate mortgage averaged 6.52% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Stronger employment momentum has helped existin