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Good time to refinance, if you can

[-- Read Time: 4 mins --] As interest rates have slid over the past couple of years, Gabriel Bousbib of Englewood refinanced his 15-year mortgage not once, but twice — cutting his interest rate in two steps from about 4.6 percent to 3.375 percent. He’s one...

VA’s home loan program leads mortgage industry

[-- Read Time: 2 mins --] Home loans guaranteed by the Department of Veterans Affairs continue to have the lowest serious delinquency and foreclosure rates in the mortgage industry. Veterans have also taken advantage of their home loan benefit in record numbers, as VA...

15 vs. 30 year mortgage: which adds up?

[-- Read Time: 4 mins --] The 30-year fixed-rate mortgage has been a stalwart of today’s real estate market for homeowners looking to refinance. Now it’s facing competition from the 15-year fixed-rate mortgage. In August, the number of applications for...