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No-Cost Refinance Loan: There's Really No Such Thing – Even though a no-cost refinance sounds great, there’s really no free lunch. It’s like marrying someone for their money. You might think you’re getting a great deal, but you’ll probably have to put up with your partner’s controlling, narcissistic, and disgusting ways. If you’re not physically attracted to him or her, then that’s a whole other set of problems to deal with.
The next part of our "no-no" equation refers to closing costs. As in, not having any. A VA no-no is the nickname given to a VA loan where the veteran doesn’t have to pay any closing costs along.
No closing cost loans can help you reduce the amount it takes to buy a home, but they’re certainly not free loans. If you’re tempted to use a loan with no closing costs, you need to understand how they work, what the tradeoffs are, and when they make the most sense.
Student Loan Servicer Steered Some Borrowers To Higher-Cost Plans, Government Says – One of the companies that handles federal student loans has. plans that cost them more money over time. That’s the finding of a report that the Department of Education’s Office of Federal Student.
This Week in Conflicts: The Cost of Trump’s Mar-a-Lago Trips, No Loan from Deutsche Bank and Inauguration Investigation Heats Up – President Trump’s inaugural committee has been subpoenaed by federal prosecutors. According to Vox, the potential crimes they are investigating include false statements and money laundering..
average monthly mortgage rates Average mortgage rate drops to 5-month low – WASHINGTON (AP) – The average. The 30-year rate stood at 3.59 percent a year ago and averaged 3.65 percent in 2016, the lowest level in records dating to 1971. Lower rates make it easier for.