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Mortgage Refinancing

Foreclosure Prevention

By Lauralynn Schueckler Owning a home or condo can be a rewarding experience in the life of many people. While homeownership is most often an emotionally gratifying occurrence for an individual or family it can sometimes be difficult to manage some of the financial burdens associated with owning a home. Since many people use mortgages to purchase a new or older home it’s essential to understand some of the warning …Read More

Ask Stacy:
Should I Refinance My Home?

By Stacy Johnson If you’ve ever had a mortgage during a period of falling interest rates, you’ve no doubt considered a refi. But how do you know if the math will work out in your favor?  Here’s a recent email… I have a 6% interest rate on a 30 year mortgage. Original final cost was $84,700. Today’s balance is $64,000. I am also in a rapid pay program where the …Read More