Mortgage rates are significantly lower than a year ago. For homeowners who bought at high rates, it might be a good time to refinance - but that comes at a cost. So, is now a good time to pull the ...

A Reddit user is currently trying to decide whether he should refinance his mortgage or not. He currently has a home loan at 8% on a 30-year fixed-rate mortgage. The current lender is offering a ...

He is inheriting a chunk of money (roughly $180,000). His thought is to pay off the mortgage, about $168,000. My thought is to hire an investment counselor and invest the whole thing.

Recasting your mortgage with a lump-sum payment offers about $11,000 in interest savings and lowers your payment by about $71 per month, but doesn't accelerate your payoff date.

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