7 Obstacles to Refinancing Your Mortgage (And How to Overcome Them)

Welcome to our week-long series on refinancing your mortgage. In this fourth of five articles, we look at some obstacles to refinancing and how to overcome them. With current mortgage rates at historic lows, refinancing your home loan can be a really easy way to save a bundle of money. Unfortunately, there are a number […]

Published or Updated: February 16, 2012

FHA Streamline Refinance

Welcome to our week-long series on refinancing your mortgage. In this third of five articles, we look at the FHA Streamline Refinance program. Yesterday we looked at the Home Affordable Refinance Program. Called HARP, this program helps homeowners who have an underwater mortgage lower their interest rates. But it only applies if your mortgage is […]

Published or Updated: February 16, 2012

Home Affordable Refinance Program (HARP) Revamped

Welcome to our week-long series on refinancing your mortgage. In this second of five articles, we look at the Home Affordable Refinance Program, better known as HARP. As the real estate market hit bottom, it created a significant hurdle to refinancing–home values. Many homeowners owe more to the bank than the value of their home. […]

Published or Updated: April 16, 2013

When to Refinance Your Mortgage

Why People Refinance Mortgages

Welcome to our week-long series on refinancing your mortgage. In this first of five articles, we look at when you should refinance. As I mentioned yesterday, my wife and I just closed on the refinancing our mortgage. We purchased our current home in 2004 and obtained a 30-year fixed rate mortgage at 5.625%. We are […]

Published or Updated: February 16, 2012

A Guide to Refinancing Your Mortgage

I‘ve been in the middle of a refinancing frenzy. Last week my wife and I closed on a second refi in under 12 months on our home. We brought our rate down from 5.625% to 3.875% on a 30-year fixed. And my business partner and I are in the middle of refinancing three rental properties. […]

Published or Updated: April 2, 2013

Saturday Night at the Movies: Declaring War on Bad Debt (Braveheart)

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Saturday Night at the Movies uses great films to explore some aspect of personal finance. Published Saturdays at 7 PM, get your front row seat by subscribing to The Dough Roller. Sir William Wallace was born in the 1270s (the exact date is disputed). Barely reaching the age of 30 before his death, he led […]

Published or Updated: March 22, 2012

Blue American Express Cards: A Cornucopia of Credit Card Rewards

The American Express Blue Cash and Blue Sky credit cards represent some of the best rewards cards available. These cards offer everything from 0% APR introductory rates on purchases, to great travel rewards, to as much as 6% cash back on purchases. Which card is best for you depends on your financial goals and objectives. […]

Published or Updated: February 28, 2014

How To Take Your Side Hustle Full-Time

Welcome to our week-long series on How to Earn Extra Income from a Side Hustle. In this final article, we look at how to turn your side hustle into a full time dream job. Let’s assume you have successfully found a rewarding niche and financially profitable side hustle. That’s impressive! While your initial motivation may […]

Published or Updated: February 7, 2012

Minimum Credit Score to Qualify for an FHA Loan

My sister recently signed a contract to buy a home. Given the market and interest rates, she got a great deal. And she’s financing the purchase with an FHA loan. So it seemed timely to talk about the minimum credit score you need to qualify for an FHA mortgage. As a quick review, an FHA […]

Published or Updated: February 9, 2012