Archive for interest rates
Time To NOT Refinance Your Mortgage
CommentsThe world of adjustable-rate mortgages isn’t very old when it comes to the general population. Sure, the product has been around for a long time, but it wasn’t until late in the 1990s that it turned into the kind of thing your average neighbor would have. That lack of age also means a lack of experience. So when media outlets start reporting about “Black Wednesday” when... Read more→
Refinancing a mortgage or getting a new mortgage isn’t necessarily just about finding the lowest interest rate. But, you definitely want to know what interest rates are in general when shopping around for a mortgage. That way, you know who is way out of the ballpark, and who is worth looking into a little bit further. One of the best tools around for information on current interest... Read more→
I was going through my stack of mail to look at (separate from the stack that has things that actually need taken care of) and came across an offer for Fidelity’s mySmart Cash Account. Intrigued, I decided to take a look at the Fidelity checking account that they were so proud of that they included a glossy little flier to advertise it. The result? What the—? Regular Bank Checking Sucks... Read more→
When considering refinancing your home mortgage, the first step is to get all of the details on what you have now. Sure, you have vague numbers in your head, but that won’t help you answer all of the loan application questions, or make a real hard-numbers based calculation about the value of refinancing. What exactly do you need to know before you dive into looking for low interest rates and... Read more→
Ok, it’s time to look at refinancing the old homestead’s mortgage. I’ve been putting it off because of holidays and the fact that rates can still go lower even though the Fed recently cut rates to zero. Now, it’s time to take a serious look at refinancing and how it might work out for my family. I’ll be posting a series of articles here on Finance Gourmet to help guide... Read more→
