All articles I can find on the web advise people AGAINST early payoff of their mortgages, saying “there are better uses for your money”.
Can you help me find an article that advocates FOR early payoff? Please post the link.
Thanks
Will a property appraise for the highest comparable in the area on a refinance ? How does that work these days not sure if they use the highest comparable or the lowest comparable ? What is this “REAL” value appraisal mean, I have heard the term not sure what it means ? The property is in PA.
In other words, If my loan is 250,000 and I want to refinance and lets say my house appraises for 300,000. Does that mean I have 50,000 I can use to pay off debt? Am I understanding this correctly?
Thanks.
A brief explanation of how you can lock your rate while you find a house.
I am thought of getting a home loan through FNB but can’t find detailed information about the different payment options.
What I basically want to know is, can I also pay more than the minimum in order to reduce my interest rate?