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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

Key takeaways Refinancing replaces your current mortgage with a new one, adjusting the rate, term or both. With refinancing, you can change the loan type as well as your lender. Here’s how refinancing a mortgage works, the common options available to you and pros and cons to consider. What is refinancing?

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What Is Financial Planning? | Bankrate

Savings Corner

Bankrate’s AdvisorMatch can connect you to a CFP® professional to help you achieve your financial goals. Here’s what financial planning is all about and what you need to know to get started. What is a financial plan? These are some of the largest issues when it comes to financial planning.

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Our 2017 Debt Freedom Plan Update

Family Balance Sheet

Over the years, we took advantage of low interest rates and refinanced and transferred the loan several times. We’ll use the debt snowball payment to expedite this process. What are your financial goals for 2017 and beyond? Related reading: How to Achieve Your Financial Goals (tips from the achievers).

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