In honor of Financial Literacy Month (and in service of Morty’s mission to make home financing solutions accessible to all), we’ve pulled together some articles that can help, no matter where you are in your homebuying journey. All about credit and debt For those interested in learning more about their credit and general finances, check […]
refinance
How to Avoid PMI (Private Mortgage Insurance)
In case you’re worried about possibility of more costs added to your upfront or ongoing expenses, we’ll offer this gentle consideration: Paying PMI isn’t necessarily a bad thing because it can ultimately help you get into your dream home faster. Additionally, keep in mind that there are ways to remove PMI after closing. Even so, […]
Here’s What a Cash-Out Refi Could Mean For You
Homeowners can refinance their mortgages at any time of year, of course. But for a variety of reasons, many homeowners looking for a cash-out refinancing of their existing mortgage do so in the spring. There’s a reason cash-out refinancing peaks in the springtime. And it’s not because there’s some mysterious connection between spring showers, budding […]
How to Know If Refinancing Your Mortgage is Right For You
Getting a new home loan to replace your existing mortgage is called refinancing. Homeowners refinance their existing mortgages for a variety of reasons. Why Would I Consider Refinancing? Refinancing can save you some serious money. Mortgage interest rates are currently near all-time lows. If you bought your home awhile ago, chances are good that the […]
Thinking About Refinancing Your Mortgage?
So you’re already a homeowner. But maybe you’ve looked around and noticed that mortgage interest rates seem to be lower than they were when you applied for your original mortgage a few years back. Or perhaps you’ve heard that by refinancing your mortgage, you can lower your mortgage payments. Maybe you’re just hoping to get […]