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
Calculate Your Rental Property Returns
Thinking about buying or exchanging an investment property? I built an easy, fill-in-the-blank spreadsheet that helps assess cash flow and return rates on a rental property—for either short-term or long-term options. It's always wise to review the numbers and do a...