Taking out a home equity loan to make your home more “green” and energy efficient can have the long-term effect of increasing your home’s value. But don’t forget the immediate benefits: a warmer home in the winter and a cooler one in the summer.
It’s no secret: Applying for a mortgage loan isn’t much fun. It takes tons of paperwork, time and, unfortunately, money.
With home loan interest rates seeming to hit lows often, it can be maddening for homeowners who want to refinance their mortgage at the lowest interest rate they can find. What’s low today could be lower tomorrow.