4 Motivations For Refinancing

While rates have certainly gone up since this time last year, rates are still historically low. That said, the Fed is still looking to raise rates so if you missed the trophy rates last year, don’t worry – refinancing today will still give you a great rate, but remember that it’s only going up from …

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Top 5 Reasons Why Homeowners Are Afraid to Refinance

Refinancing to lower your monthly mortgage payment, get cash or to pay off your mortgage sooner are all very appealing prospects. So what is it that makes homeowners afraid when it comes to refinancing? At Accunet we call this “Refiphobia,” and if this condition affects you, you’re in luck because we’re the mortgage doctors with …

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Refinancing a house during a divorce: 3 things you need to know

Divorce is a reality for thousands of Americans each year, and the logistics can be daunting. Typically, during a divorce, one party will want to keep the marital property (like the house). This is certainly possible, but the person staying in the home will need to get their ex-spouse off of the mortgage loan, which …

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What are negative interest rates?

The Federal Reserve is the bank for the American economy. The United States Treasury is the lender for the American government. In Europe, it’s the European Central Bank. In Japan, it’s the Bank of Japan. In China, it’s the People’s Bank of China. Lenders in those nations can park their money overnight or long-term with …

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How Congress tied the new highway bill to mortgage rates

Congress just passed the “Developing a Reliable and Innovative Vision for the Economy Act” or the DRIVE Act. It’s a six-year highway authorization that will allow planning for important long-term projects around the country, and provides three years of guaranteed funding for the highway trust fund.  Highways are extremely important to any developed civilization.  The …

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