Category: Financial
Where Will Home Interest Rates Be A Year From Now?
It is clear that interest rates over the past eight years have been historically the lowest they have ever been and most likely ever will be. With rates under 4%, the time has never been better to purchase a home or refinance. You could save tens of thousands over the lifetime of the loan. However,...
Home Refinancing – A Brief Overview and What to Watch Out For
In almost all cases when owning a home, one accompanying item is saddled with it: a mortgage. A necessary component everyone must deal with. However, with a home refinance, you may be able to do a little restructuring of the loan terms to help you knock down your monthly rate, the length of the loan…
Magilla’s Financial Checklist
When applying for a loan, most of our lenders will require the same financial information. Each lender has different criteria, however essentially you’ll need to submit the same pieces of information. It’s a good idea to gather your financial documentation before you start the application process, so you have it ready and can answer questions…