Posted in Refinance

Are you looking to transform your totally loveable but less than spectacular property into your dream home? With property prices on the rise in many markets, renovating may be a more suitable option for many people rather than moving on to another property. Whether you’re looking to rework your garden into a tropical oasis, update your 1960s bathroom or remodel your retro blue kitchen, there are several ways to fund your renovation. 1. Use your equity Equity is the difference betwee...

  Given recent interest rate movements and a significant number of fixed-rate loans due to expire this year, refinancing is on many borrowers’ minds. If you fall into this category, you may wonder how much refinance costs. Let us break down typical refinance costs for you. 1. Mortgage application fee If you’re switching lenders, you will likely have to pay a mortgage application or establishment fee. This covers the cost to your new lender of processing your applica...