By refinancing your existing mortgage or home loan, you can qualify for a better rate or more flexible terms. During refinancing, you can also cash out the equity that you have built up in your home. This money can be used for things like home improvements and repair.There has never been a better time than [...]
Posts Tagged ‘Home Improvements’
June 15th, 2010
Mortgage Interest Rates – A Look at the Last 10 Years of Refinancing
Ten years ago, prospective home-buyers and existing homeowners looking to refinance were positively giddy about the interest rates. Hovering around 8%, the rates were a refreshing change from the double-digits of the 1980s. Who could have guessed that now, in 2006, even with interest rates on the rise, we are a far cry from the [...]

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