I have just completed and mailed the paperwork necessary to lower the interest rate on our current mortgage. As I mentioned just a few days ago, my wife and I have been considering refinancing our mortgage. Interest rates on a 15-year fixed-rate mortgage are significantly lower now than they were when we financed our home nearly three years ago, so…
Category: Mortgage
Mortgage Refinance Is Almost Here
We have been working hard to pay off our 15 year fixed-rate mortgage. Recently, mortgage rates have dropped to all-time lows. Our current loan is already at a low rate, but my wife and I feel that now is the time to refinance. I did some research and was amazed by some of the rates that I found. I contacted…
Mortgage Payoff Progress for June 2012 with Chart
It’s time for an update on our mortgage payoff progress. As a reminder – My wife and I purchased our first home back in February of 2010. Since then, we have been working hard to reduce our mortgage principal and payoff our mortgage early. We have a conventional, fixed-rate 15-year mortgage. Our goal is to pay it off our mortgage…