Looking to refinance your mortgage amid higher rates? Here are six options
If your mortgage rate starts with a “1″ and you need more money, the last thing you want to do is refinance and lose that miracle rate.
Back in January, 2021, for example, people were snagging five-year fixed mortgages at rates as as low as 1.23 per cent. As we speak, refinancing that mortgage costs 6.14 per cent and up.
So, if you don’t have a line of credit and need to tap home equity for more funds, some methods are much better than others. Here’s a look at six options.
Categories
Recent Posts
Large Forest Hill penthouse with city views rakes in three bids
Low ask and swift review of offers draws three bids for Riverdale semi
Rural Ontario farmsteads merge architecture with agritourism
Hamilton-area real estate agent accused of voyeurism through secret recording devices
Commercial real estate investors growing more active — and more selective
This condo developer is letting buyers put units on layaway for $1,000 a month
Inside a restored $7.6-million 'California-style' High Park bungalow that was originally built more than a century ago
No, aging baby boomers will not trigger a glut of suburban homes for young families
Edmonton-founded Initia moves 1,000 agents to eXp Realty
Great Expectations!
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "