negative equity

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Advice if Your Home is Underwater

Q: My husband and I are underwater on our lovely historic 1930 era home, which we hoped to grow old in. We paid $783,000 for it back in 2005, when we had a six figure income as a couple and could afford it. Our home is now worth about $500,000. What should we do? A: […]

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refinance

Do’s and Don’ts When Refinancing Your Home

After owning your home for some time, you might start to consider whether or not you should refinance your mortgage. If interest rates have dropped considerably as they have in recent years, or if your credit has improved dramatically, it’s possible you might be able to get a much better deal on a new mortgage

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