mortgagerates

Refinancing: Rental Properties

If you’re a property owner who rents out your homes or apartments, then at some point you may have wondered about refinancing your rental property. Refinancing can be a great way to get a lower interest rate, shorten or lengthen the repayment terms, or cash out equity to buy more property. However, there are some … Read more

Reverse Mortgage Lending Limits INCREASE in 2022!

The maximum reverse mortgage lending limit is increasing for 2022, allowing retirees with substantial home equity to get more money than was available in previous years.  If you are 62 years or older, a reverse mortgage allows home owners to access the equity in their home through a loan. There aren’t any required monthly payments … Read more

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