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What is a prepayment penalty?
Bankrate via AOL· 5 months agoKey takeaways A prepayment penalty is a fee designed to discourage borrowers from paying off a loan ahead of time. Refinancing your mortgage or selling...
How to get a low-cost mortgage refinance
Bankrate via Yahoo Finance· 2 months agoKey takeaways Refinancing your mortgage includes expenses just like your original mortgage did, including closing costs. Opting for a no-closing-cost...
Best VA loan lenders of June 2024
Yahoo Personal Finance· 7 days agoVA loans are undoubtedly among the best bargains in home financing. Backed by the U.S. Department of Veterans Affairs and issued to borrowers with...
Types of mortgage refinance: How to choose
Bankrate via AOL· 3 months agoKey takeaways There are several types of mortgage refinance options, including rate-and-term and cash-out refinancing. The most common, rate-and-term,...
FTSE 100 Live 17 June: Index fades, London retakes stock market lead
Evening Standard via Yahoo Finance· 6 days agoLondon has overtaken Paris to retake its crown as Europe’s biggest stock market. The change was...
Can Refinancing a Reverse Mortgage Save My Money?
SmartAsset via AOL· 1 year agoWhen you need an additional stream of income for retirement, a reverse mortgage is one option you might consider. A reverse mortgage allows you to tap...
Cash-out refinance for energy-efficient improvements
Bankrate via Yahoo Finance· 5 months agoKey takeaways You can tap your home equity with a cash-out refinance to cover the cost of improvements to make your home more energy-efficient....
Does It Ever Make Sense to Refinance a Home Equity Loan?
SmartAsset via Yahoo Finance· 12 months agoTaking out a home equity loan could make sense if you need cash for home improvements, repairs or...
New-Home Construction Snaps Losing Streak, Signaling More Supply for Spring Market
Mortgage Research via Yahoo Finance· 2 years agoConstruction of new houses in the U.S. rose in August for the first time five months, signaling home...
What Is an Upfront Mortgage Insurance Premium?
SmartAsset via AOL· 2 years agoWhen buying a home or refinancing an existing mortgage, if you don't have a large enough down payment, you may have to purchase mortgage insurance. Some...