As you navigate the financial landscape, you may have noticed a significant shift in interest rates over recent months. Rising interest rates can have a profound impact on various aspects of your financial life, from the cost of borrowing to the returns on your savings. Central banks, such as the Federal Reserve in the United […]
How Rising Interest Rates Impact Mortgages, Car Loans, and Credit Cards Read More »
A reader of AskTheMoneyCoach.com wanted to know whether or not they could do a certain maneuver in order to refinance a home mortgage. Here’s the person’s question: Q: Is it possible to temporarily transfer the title to my husband’s home into my name? This way, we could refinance with my credit scores. A: Unfortunately, what
Can I Refinance My Husband’s Mortgage By Putting My Name on the Deed? Read More »
If you’ve been struggling to keep up with mortgage payments for a while and simply can’t afford your home loan, walking away from your mortgage may be a last resort. In the wake of the recession, millions of Americans have had to give up the American dream of living in their own house and have
Should You Walk Away from Mortgage Debt You Can’t Afford? Read More »
Q: We have a 5% loan and we owe a little over $132,000 left on it. It was appraised at $168,000 in June 2010. We are now looking at refinancing it at 4.25%, and it was appraised at $148,000 dollars. Since the appraisal was low, we will have to take out PMI but it is
When to Refinance Your Mortgage Read More »
