How Does a Refi Work?

How Does a Refi Work?

A refi is the process trading your current home loan for a new one – complete with a new interest rate and terms (aka refinancing). But, how does the whole thing work? In a nutshell – refinancing is pretty much like securing your original mortgage. There are two main...
A Simple Guide to Budgeting

A Simple Guide to Budgeting

Budgeting can often be easier said than done, especially if you haven’t done it before. However, if you’re having trouble saving money, budgeting is the key. It allows you to clearly understand where your money is going so you can make educated spending decisions. If...
12 Commonly Used Mortgage Terms

12 Commonly Used Mortgage Terms

As with any of life’s important steps, knowledge is key. This is why we’ve outlined the 12 most commonly used mortgage terms. Adjustable-Rate Mortgage – Also known as an ARM, an adjustable-rate mortgage is a loan with an interest rate that adjusts based on the...