Personal Finance Advice and Commentary

Wednesday, July 13, 2016 11:51 pm
By Holden Lewis ·

Mortgage rates have fallen to near record lows since last month’s Brexit vote, and many homeowners are refinancing. There’s more than just 1 way to refinance. Here are some of your options.

Monday, July 11, 2016 4:43 pm
By Holden Lewis ·

A reader named Oscar notices that mortgage rates are near all-time lows. He asks: Mr. Lewis, what about people with less than a year-old loan — a 30-year fixed at 4%? Probably refinancing at 3.25%. Would it be worth the time on line in the bank? That’s a $174 monthly payment difference. Based on what

Thursday, July 07, 2016 3:37 pm
By Holden Lewis ·

A word of caution to people who have are in the process of getting a mortgage and haven’t locked a rate: The June employment report comes out Friday morning, and it could affect mortgage rates. I’m not saying it will, but it could. RATE SEARCH: Shop today for a mortgage. Mortgages could rise With mortgage

Wednesday, July 06, 2016 11:25 am
By Holden Lewis ·

Mortgage rates are at or near record lows. It’s a good time to refinance a mortgage, especially if you got your mortgage more than 5 years ago and you haven’t refinanced since then. Mortgage rates have fallen along with the yield on the 10-year Treasury note, which fell to its lowest-ever level Tuesday, to 1.367%,

Tuesday, February 03, 2015 12:15 pm
By Holden Lewis ·

When 65 percent of homeowners say they are “very confident” that they know their mortgage rate, most of them are overconfident.

Monday, August 05, 2013 5:40 am
By Holden Lewis ·

Jeff Bartlett, deputy auto editor for Consumer Reports, explains whether he believes the impressive Impala is an outlier in the General Motors family, and how he measures affordability.

Thursday, April 11, 2013 1:47 pm
By Holden Lewis ·

You have been given a two-year extension to refinance your underwater home under HARP.

Monday, June 04, 2012 5:40 pm
By Judy Martel ·

With mortgage ratesĀ dropping, homeowners are quick to realize the double benefit of refinancing now. Not only do they get a low rate that reduces their monthly payments, they are also locking in a shorter duration to be free of debt sooner and build up home equity faster. Freddie Mac released a report recently that shows

Wednesday, May 30, 2012 6:38 pm
By Judy Martel ·

Banks are making money from fewer mortgages, but next year looks quite different.

Wednesday, April 04, 2012 7:15 pm
By Claes Bell ·

It seems that mortgages, and the housing market in general, are on the front burner for the Obama administration heading into election season.

Page 1 of 3123