Heather Moore+FollowWhy Everyone’s Suddenly RefinancingHere’s the scoop: fewer folks are applying for new home loans, but a lot more homeowners are jumping on the refinance train. Even though mortgage rates are holding steady around 6.8%, the uncertain job market has people thinking twice about buying. But if you already own, now might be a good time to check if refinancing could save you some cash on monthly payments. Sometimes, just tweaking your loan can make a big difference! #RealEstate #MoneyHacks #HomeFinance74Share
Matthew Jackson+FollowWhy Fewer People Are Picking Interest-Only LoansSpotted: Interest-only mortgages are on the way out! More homeowners are ditching these 'just pay the interest' deals and actually paying off their loans faster. The catch with interest-only is you get lower monthly payments, but eventually you have to cough up the full amount. Now, with fewer people using these loans, it looks like folks are getting savvier about not leaving a big bill for later. If you’re on one, check in with your lender early to avoid surprises! #MoneyHacks #MortgageTips #HomeFinance #RealEstate12Share
megan01+FollowWhy Are More Retirees Taking Out Mortgages?Did you know more folks over 55 are grabbing new mortgages than ever? Loans to older borrowers shot up 33% this year! Some are using their homes to free up cash, but for others, it’s a sign that rising bills and late-in-life home buying are making retirement budgets tighter. If you’re eyeing retirement, keep an eye on your housing costs—those monthly payments might stick around longer than you think! #MoneyMatters #RetirementPlanning #HomeFinance #RealEstate42Share
megan01+FollowRefi Rates Drop—Is It Time to Pounce?Thinking about refinancing your mortgage? Good news: 30-year refi rates just dipped to 7.21%. That’s a small win after rates hit a recent high in April, but still pricier than earlier this year. The real money move? Don’t just grab the first rate you see online—those teaser deals are for unicorn borrowers. Shop around, compare offers, and see if locking in now makes sense for your wallet. Every little drop counts! #RefinanceTips #MortgageRates #MoneyMoves #HomeFinance #RealEstate00Share
russellolson+FollowWhy More Homes Are Getting RepossessedNoticed more 'For Sale' signs lately? Home repossessions in the UK just jumped 18% in a single quarter, mostly hitting folks with older mortgages. The good news: if you’re behind on payments, you’re not alone—and banks are actually seeing fewer new arrears. If you’re feeling the pinch, don’t wait; call your lender early. With mortgage rates starting to dip, you might have more options than you think! #MoneyMatters #HomeFinance #MortgageTips #UKHousing #LifeHacks #RealEstate1820Share
davenportmeghan+FollowWhy Your Neighbor’s Refi Rate Is LowerEver wonder why your friend in New York brags about their low mortgage refi rate while yours in Nevada is sky-high? Turns out, where you live can seriously impact your rate—thanks to local lenders, state rules, and even average credit scores. Rates are bouncing around lately, so if you’re thinking about refinancing, don’t just grab the first offer you see online. Shop around and compare, because those teaser rates are rarely what you’ll actually get! #MortgageTips #Refinance #HomeFinance #MoneyHacks #RealEstate90Share
