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Archive for February, 2009

Mortgages: The Free Refinancing Myth

Here is a great up to date mortgage article that can be helpful to anyone looking to refinance. The article provides some clear examples and scenarios that demonstrate the benefit of pursuing and investing in a low interest rate. Take this advice and don’t necessarily accept a high rate in exchange [...]

Best Affordable Suburbs 2009

Mill Creek Washington was recently ranked the #2 affordable city in the United States by BusinessWeek.com. Rankings were based on “the most affordable suburbs that offer the lowest crime rate, finest schools, and best quality of life for the dollar”. Find the stats on Mill Creek and see the rest of [...]

Home Loan Refinancing Applications Up as Rates Fall

Applications for home loans (primarily refinances) shot up 46% nationally last week, compared with the previous week. Homeowners are taking advantage of great rates, and rightly so. However, credit.com wisely recommends obtaining a total-cost or “break even” analysis from a loan officer before moving to refinance. This type of analysis and consultation is what we [...]