Mortgage rates continue to be historically low, and while mortgage rates are not directly tied to the federal funds rate, after the emergency rate cut by the Federal Reserve there is a chance rates may go even lower. Before you make the leap to refinance your mortgage, do your research and make sure it’s a good idea for your situation. It’s always wise to consult a financial adviser or accountant for professional guidance, but here are some articles to help with the decision process.
When (and When Not To) Refinance Your Mortgage
7 Bad Reasons to Refinance Your Mortgage
Avoid Capital Gains Tax on Your Home Sale—Legally
One of the best financial and tax benefits of home ownership is the tax-free income you can earn when you sell the house. Those filing taxes as single can exclude up to $250,000 of income and it is $500,000 for those filing jointly. Whether you are using the funds to...