Refinancing your mortgage can be a smart way to lower monthly payments, secure a better interest rate, or even tap into your home’s equity. With interest rates shifting in recent months, many homeowners might be wondering if now is the time to refinance. However, like any financial move, it comes with costs. Understanding the expenses […]
Breaking Down the Costs of Refinancing: Is It Worth It? Read More »
A new report from CoreLogic reveals that homeowners with mortgages saw their equity rise by a staggering $1.3 trillion in the second quarter of 2024, bringing total net equity to $17.6 trillion. While the average homeowner’s equity grew by $25,000 year-over-year, this figure was slightly down from the $28,000 increase recorded in the first quarter.
How to Help Clients Decide if Refinancing is the Right Move Read More »
Refinancing your mortgage can be a smart financial move, but timing is everything. Whether you’re hoping to lower your monthly payments, shorten your loan term, or tap into your home equity, it’s essential to assess your personal finances and current mortgage situation before making a decision. Here’s how to determine if refinancing is right for
How to Know When to Refinance Your Mortgage Loan Read More »
Your home is your smartest investment, reflecting your commitment to timely mortgage payments and a secure financial future as a homeowner. So, let’s make that equity work for you! With a cash-out refinance from Keller Home Loans, you can leverage your home’s equity to gain access to additional funds for all of life’s surprises! What
How to Unlock Your Home’s Equity with a Cash-Out Refinance Read More »
Everything you need to know about calculating LTV ratios, the home appraisal process, how they impact the homebuying process and vary by different loan types. The loan-to-value (or LTV) ratio is one of the most critical factors a mortgage lender reviews when determining your mortgage loan qualifications when you’re looking to purchase or refinance. A
What is a Loan-to-Value Ratio in a Home Appraisal? Read More »
Introduction Your home is one of your biggest investments. Home refinancing is a common practice for many homeowners who want to leverage that investment to improve their overall financial situation by trading in their current mortgage for one with more favorable terms. If you’re considering refinancing, let’s look at how it works, some of the
Refinancing your home: what is it and who can benefit? Read More »
