Home Refinancing Advice Links

5 Pitfalls of Home Refinancing

Real-Time Advice: As it becomes increasingly difficult to refinance a home, here's what experts say to consider.

Refinancing Your Home Loan? Avoid These 5 Common Errors!

Refinancing your home loan is a brilliant way to save money. It can lower your monthly bills, pay off your debts sooner, and increase your liquidity. But some people (you know the type; they’d smoke pot ...

Refinancing to pay for my swimming pool?

Dear Dr. Don, I am looking at putting in a swimming pool. I need some extra cash. Two choices I have looked at are: refinancing with a cash-out mortgage; or refinancing with a new first mortgage plus a home equity line of credit. Currently the interest rate on my mortgage is 4.375 percent.

First Person: Refinancing -- Once Great, Twice a Nightmare

Refinancing seemed like a great idea at the time. After all, it worked well the first time. My wife and I bought our home in 1997 at a down payment and monthly payment that we could easily afford as long as we did not spend too much on other things. Unfortunately, we had not yet learned how to budget and manage money. We often spent before we earned, so we ran up credit cards and other loans ...

My Refi's a HELOC. Anything Wrong With That?

You found out your new mortgage is really a home equity line. Here's your loan lowdown.