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Founded in 1951, the National Foundation for Credit Counseling is the largest serving nonprofit financial counseling organization. Find various topics in this blog, including personal finance, credit counseling, housing, budgeting and student loan help. Click here to speak with an NFCC-certified Consumer Credit Counselor.

Tag Archives: Mortgage Refinancing

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