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1 week ago | 
aol.com | Andrew Dehan
Key takeawaysTo prepare for getting a mortgage, figure out what you can realistically afford, how much you’ll have saved for a down payment and if you need to improve your credit score before applying. Comparing offers from multiple lenders — at least three — could save you a significant amount of money. Along with your down payment, you’ll need to pay closing costs, which typically total 2 to 5 percent of the loan principal. For most Americans, taking out a mortgage makes buying a home possible.
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1 week ago | 
aol.com | Andrew Dehan
If you bought a home when rates were at their peak, or if you’re considering tapping your equity, you may be ready for a refinance. As you’re shopping around for a lender, consider adding a credit union into the mix. Only eight of the top 100 mortgage lenders by market share are credit unions, according to 2024 HMDA data. Yet, member satisfaction at credit unions is significantly higher than at retail banks, according to a 2025 J.D. Power study.
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1 week ago | 
ktul.com | Andrew Dehan
Refinancing? Here’s why you should apply at a credit union
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1 week ago | 
abc6onyourside.com | Andrew Dehan
Refinancing? Here’s why you should apply at a credit unionby Andrew DehanTue, June 17th 2025 at 8:50 AMIllustration by Corey Zucco/Bankrate
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1 week ago | 
kmph.com | Andrew Dehan
For decades, the conventional wisdom about mortgage refinancing has been clear: You should swap loans only when mortgage rates have dropped a full percentage point from the rate on your original loan. However, that’s not always the case. Should you hold off on refinancing until rates drop 1 percent? The 1 percent advice is certainly useful as a rule of thumb, but will it guide you toward the best deal? Not necessarily. Money tip: “Don’t generalize.
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1 week ago | 
arcamax.com | Andrew Dehan
For Americans living paycheck to paycheck, there’s little room to make progress on goals like getting a mortgage and becoming a homeowner. If you’re set on buying a home this year but can’t increase your income, here are tips to help you save for a down payment on a budget.What does living paycheck to paycheck mean? Put simply, living paycheck to paycheck means having little or no money left over from your wages after covering expenses.
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1 month ago | 
wsfa.com | Andrew Dehan
Key takeaways Refinancing in today’s current rate environment isn’t for everyone, but there are several reasons why it could be for you. People refinance for reasons beyond the rate. These include tapping equity, changing the loan type and removing a co-borrower from the mortgage. Rates aren’t expected to drop much in 2025, but there could be pockets where they dip. Borrowers poised to take advantage of these dips could see some savings if they’re refinancing from a higher rate.
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1 month ago | 
azfamily.com | Andrew Dehan
Key takeaways Refinancing in today’s current rate environment isn’t for everyone, but there are several reasons why it could be for you. People refinance for reasons beyond the rate. These include tapping equity, changing the loan type and removing a co-borrower from the mortgage. Rates aren’t expected to drop much in 2025, but there could be pockets where they dip. Borrowers poised to take advantage of these dips could see some savings if they’re refinancing from a higher rate.
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1 month ago | 
keyc.com | Andrew Dehan
Key takeaways Refinancing in today’s current rate environment isn’t for everyone, but there are several reasons why it could be for you. People refinance for reasons beyond the rate. These include tapping equity, changing the loan type and removing a co-borrower from the mortgage. Rates aren’t expected to drop much in 2025, but there could be pockets where they dip. Borrowers poised to take advantage of these dips could see some savings if they’re refinancing from a higher rate.
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1 month ago | 
kait8.com | Andrew Dehan
Key takeaways Refinancing in today’s current rate environment isn’t for everyone, but there are several reasons why it could be for you. People refinance for reasons beyond the rate. These include tapping equity, changing the loan type and removing a co-borrower from the mortgage. Rates aren’t expected to drop much in 2025, but there could be pockets where they dip. Borrowers poised to take advantage of these dips could see some savings if they’re refinancing from a higher rate.
