Tag Archives | refinancing
boca house

Higher Mortgage Limits In 2020 Make Buying/Refinancing Easier

Are you buying or refinancing a home? Recent changes in mortgage loans may make it easier and cheaper to borrow. For 2020, conforming mortgage loan limits are rising to $510,400 in most areas and $765,600 in high cost areas like Washington D.C. (The max amount first started at $417,000 after the real estate meltdown and […]

Read full story Comments { 0 }
Image by Pexels from Pixabay house free pixabay

Refinancings Are Booming: Should You Trade-In Your Mortgage For A Newer One?

Interest rates are at rock bottom, pushing mortgage refinancings to a new post-crisis high. Lenders extended over $2.4 trillion in home loans last year, the most since 2006, reports The Wall Street Journal. That’s a positive sign for the economy. People who save money on their mortgage payment are likely to go out and spend that […]

Read full story Comments { 0 }