Historically, the rule of thumb was that it was worth the money to refinance if you could reduce your interest rate by at least 2%. Today, many lenders say 1% savings is enough of an incentive to refinance.
There are many factors to review before you consider applying for a reverse mortgage. You should discuss important financial decisions with someone you trust.
The US government created a military loan guaranty program to help returning service members purchase homes.
One of the least known home financing programs, the government established the USDA Home Loan Program
An FHA loan is a mortgage issued by federally qualified lenders and insured by the Federal Housing Administration (FHA).