If you have recently bought a home with a mortgage, you may be wondering if you can refinance your loan to get a lower interest rate, shorten your term, or […]
How to Claim Mortgage Interest Deduction in TurboTax
If you are a homeowner who paid interest on your mortgage in 2023, you may be eligible to claim a tax deduction on your federal income tax return. The mortgage […]
How to Decide Whether to Refinance with Your Current Lender or a New One
Refinancing your mortgage can be a smart way to lower your interest rate, reduce your monthly payments, or access your home equity. But should you refinance with the same lender […]
Does PMI Removal Affect Homeowners Insurance?
Private mortgage insurance (PMI) is a type of insurance that protects the lender in case the borrower defaults on the loan. Homeowners insurance is a type of insurance that covers […]
Is Paying Off a 2.99% Mortgage Always a Bad Idea?
Many homeowners dream of paying off their mortgage and being free of debt. However, paying off a mortgage early is not always the best idea, even if you have the […]
How Biweekly Mortgage Payments Can Save You Money
If you are looking for a way to pay off your mortgage faster and save money on interest, you may want to consider switching to a biweekly payment schedule. A […]