As most of us here in Ohio are dealing with social distancing, furloughs and economic unease, there are a few silver linings. One of these is interest rates. With the Federal Reserve’s recent rate cuts, the mortgage industry has responded like everything else: ups and downs. But the reality is […]
When to Refinance Your Mortgage
With interest rates falling, homeowners are often tempted to refinance their current mortgage, hoping to take advantage of the lower rate and saving money. But the interest rate is only one factor in considering a refinance. It’s important to understand when it’s a financial good move and whether the cost […]