Tag Archives: better

Is it better to pay off and close credit card accounts or pay them down to below 50% to raise credit rating?

Posted on June 20, 2013 by duncan

Question by S.W.: Is it better to pay off and close credit card accounts or pay them down to below 50% to raise credit rating? Our morgage broker is telling us that we should pay down our multiple credit cards … Continue reading →

Posted in Q&A | Tagged accounts, below, better, card, Close, credit, down, raise, rating., them | 2 Comments

Q&A: I want to buy a new home and keep my old one. Should I refinance old home for better interest rate?

Posted on April 23, 2013 by duncan

by Strangeless Question by Legallyblonde: I want to buy a new home and keep my old one. Should I refinance old home for better interest rate? I am considering purchasing a new home in a few months, but would like … Continue reading →

Posted in Q&A | Tagged better, home, Interest, Keep, one., Rate, ReFinance, should, Want | 5 Comments

Q&A: Is it better to refinance or get a mortgage on my own property?

Posted on February 14, 2013 by duncan

by danielmoyle Question by batman: Is it better to refinance or get a mortgage on my own property? Bought as investment, 62k into it worth about 90k. Is a refinance tax deductible? Best answer: Answer by RexNot as an investment. … Continue reading →

Posted in Q&A | Tagged better, mortgage, property, ReFinance | 2 Comments

Q&A: Will it be better to refinance after the pre-payment penalty?

Posted on February 11, 2013 by duncan

by truliavisuals Question by superwoman: Will it be better to refinance after the pre-payment penalty? My brother and I just bought a house and it’s a 5 year interest only loan and the mortgage is close to $ 4000 a … Continue reading →

Posted in Q&A | Tagged After, better, penalty, prepayment, ReFinance | 11 Comments

Q&A: Is a short sale or refinancing my mortgage a better option due to an increase in my expenses. I NEED HELP!!?

Posted on October 9, 2012 by duncan

Question by jms_ang: Is a short sale or refinancing my mortgage a better option due to an increase in my expenses. I NEED HELP!!? I am a single parent (1 child) and I bought my first home in May 2007 … Continue reading →

Posted in Q&A | Tagged better, Expenses, help, increase, mortgage, Need, option, refinancing, Sale, Short | 1 Comment

Is it better to refinance a mortgage for a tax deduction or continue with my 15 year mortgage?

Posted on October 8, 2012 by duncan

by Madison Guy Question by Cajun: Is it better to refinance a mortgage for a tax deduction or continue with my 15 year mortgage? I have 10 1/2 years left on a 15. Single, retired and no dependents.Pension(60,000) Does it … Continue reading →

Posted in Q&A | Tagged better, Continue, deduction, mortgage, ReFinance, Year | 3 Comments

How do I get a better Interest Rate on my Mortgage without paying a Refinance Fee?

Posted on August 19, 2012 by duncan

by J. Stephen Conn Question by thetaxi_bo475: How do I get a better Interest Rate on my Mortgage without paying a Refinance Fee? I have heard that I can get a better rate on my Mortgage without having to pay … Continue reading →

Posted in Q&A | Tagged better, Interest, mortgage, paying, Rate, ReFinance, without | 2 Comments

What’s better a mortgage refi or a new equity line of credit?

Posted on July 14, 2012 by duncan

by Strangeless Question by Mama J: What’s better a mortgage refi or a new equity line of credit? I have a rockin’ 5.5% mortgage interest rate and I also have a small but maxed out equity line of credit. I’m … Continue reading →

Posted in Q&A | Tagged better, credit, equity, line, mortgage, Refi, What's | 4 Comments

Would it be better to continue to pay on our Equity Line of Credit & our Mortgage or to refinance for 1 loan?

Posted on July 11, 2012 by duncan

Question by Steph T: Would it be better to continue to pay on our Equity Line of Credit & our Mortgage or to refinance for 1 loan? Our interest rate on Mortgage is 5.87%, but we have a variable rate … Continue reading →

Posted in Q&A | Tagged better, Continue, credit, equity, line, loan, mortgage, ReFinance, Would | 7 Comments

Q&A: Is it better to pay down my current mortgage and refinance or refinance and use the money for downpayment?

Posted on February 24, 2012 by duncan

Question by mks6128: Is it better to pay down my current mortgage and refinance or refinance and use the money for downpayment? I have inherited some money and I want to use it to pay down the debt on my … Continue reading →

Posted in Q&A | Tagged better, current, down, downpayment, Money, mortgage, ReFinance | 6 Comments