Posts Tagged ‘Refinance’
Top Reasons Consumers Refinance Their Home
Today, many of us have more irons in the fire then we know what to do with. Between work, life and everything else in between we sometimes forget to look for opportunities to change. For many, we buy our homes thinking this will be our forever home, or we can maybe change this or that…Read More
Is OnPoint for You?
Have you heard the exciting news about SouthPoint Home Mortgage’s OnPoint Products? Our OnPoint products are new and improved to offer you even more purchasing power on your dream home or can help you save even more money with a refinance of your current home! What is OnPoint? It’s an adjustable rate mortgages (ARM)! We…Read More
Should I Refinance to a 15-year Mortgage?
With mortgage rates falling and financial experts predicting an unstable future for the economy, lots of homeowners are rushing to refinance their mortgages to lock in low rates. One increasingly popular option is to refinance a conventional 30-year mortgage into a 15-year loan. Borrowers may be wondering if this is a financially sound move to make for…Read More
Mortgage Rates are Dropping; Should I Refinance?
Q: I’ve heard that mortgage rates have dropped dramatically since the start of 2019. Should I refinance my mortgage loan to take advantage of these lower rates? A: Refinancing a mortgage is essentially paying off the remaining balance on an existing home loan and then taking out a new mortgage loan, often at a lower interest rate.…Read More
Should you consider a cash-out refinance?
A cash-out refinance is a great option for paying down debts, getting finances in order, or for home improvements and other major expenses. A refinance uses the equity, or built up value, in your home to finance these desired items. For example: you owe $150,000 on your mortgage, but your home is valued at $250,000.…Read More
New Year’s Resolution – Home Buyers & Owners
We are all familiar with the typical New Year’s resolutions – eat healthy, exercise, save more money, etc… but when it comes to home ownership, having goals in place are just as important. Home Buyers If you are thinking of purchasing a home in the upcoming year, check out this list of home buyer resolutions…Read More