Should We Refinance To Get Rid of Mortgage Insurance?
Question: Should we refinance to get rid of mortgage insurance? We bought a home in an area where home prices are exploding. Our equity grows almost daily. Our…
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Peter Miller
Peter G. Miller, author of The Common Sense Mortgage, is a real estate columnist syndicated in newspapers nationwide. Peter has been featured on Oprah, the Today Show, Money Magazine, CNN and more. Follow Peter on X.
Articles by Peter Miller
Has Refinancing A VA Mortgage Become Harder?
Question: I’m a vet and recently heard that a VA mortgage has become more difficult to refinance for borrowers like me. What are the new rules and why is…
Mortgage rates are up so will I qualify for a loan?
Question: Will I be able to qualify a loan now that mortgage rates are up? Answer: No doubt mortgage rates are up. This does not mean mortgage loans…
What Makes A Mortgage Affordable?
Question: With both home prices and mortgage rates rising during the first half of 2018 are lenders doing anything to ease credit requirements so that homes are more…
Mortgages: Can I Still Get A Seller Contribution?
Question: We want to buy a home and we want the sellers to pay some of our mortgage costs. They’re getting a lot of cash at closing and…
Why Should I Pay For An Appraisal?
Question: We’re buying a house. It will cost us almost $500 to get an appraisal. Given free online estimates this seems like a huge waste of money. Isn’t…
Is Now The Time To Lock-in Mortgage Rates?
Question: We’ve been speaking with a mortgage lender and she said that in the face of rising rates that now would be a good time to get a…
Does Tax Reform Make Real Estate Less Attractive?
Question: Given tax reform does it still make sense to buy a home when you can get a rental in many markets for the same money or less?…
Are Fintech Loans Better For Real Estate Borrowers?
Question: We want to refinance our home and several lenders have mentioned “Fintech” loans. How do such mortgages work and are they better for borrowers? Answer: For several…
Yikes! How Do We Cancel Mortgage Insurance?
Question: We pay a hefty amount each month for mortgage insurance. Paying down principal would be a much better use of our cash. How do we get rid…