The U.S. continues to see record-low interest rates as we work through challenging economic times. It is projected that the Federal Reserve will keep rates low for a while, and that is a good thing when looking to secure a loan. It also means we will continue to see mortgage refinancing offers from lenders. Refinancing can be a great financial decision, just remember to do your research before signing.
Four must-dos when refinancing into a record-low mortgage rate
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...