Breaking News

Sacramento police search for suspects after shooting in Sacramento, California - six people dead and 12 others injured.

Investigators are working to identify those responsible for this horrific act. We know that a large fight took place just prior to the shootings. And we have confirmed that there are multiple shooters," Sacramento Police Chief Katherine Lester said Sunday afternoon.
Three men and three women were killed, Lester said, and the injured were rushed to area hospitals. The coroner's office is working to identify and notify families of the victims, she said.
Investigators were interviewing a number of witnesses and located hundreds of pieces of evidence from the scene, including a stolen handgun, Lester said.

5 reasons why you should refinance your home and Best Home Refinance Companies in USA

If you're thinking about refinancing your home, you might be wondering if it’s the right choice. Here are five reasons why you should do it.
Save on monthly payments
Paying less in interest on a mortgage payment frees up money that can be used elsewhere. A lower monthly payment makes it easier to pay off a loan and frees up cash flow. This is especially helpful if you’re struggling to keep up with debt payments as well. You may also have an opportunity to score a low-interest rate, which can save even more money over time.
Free up cash flow
If you have extra cash that you’re not using, consider investing it by refinancing a mortgage. Refinancing to lower your interest rate can reduce monthly mortgage payments and free up cash flow for other uses. The benefit of reducing a fixed-rate loan to a lower fixed-rate loan is that any rate reduction will be permanent, whereas a borrower with an adjustable-rate loan might face higher rates in future years. Make sure that refinancing won’t be too disruptive or costly by considering closing costs and mortgage origination fees (if applicable). It may also make sense to wait until your credit score improves—another benefit of waiting is that most lenders require borrowers to have held their current mortgage for at least two years before they can refinance.
Locking in at a low rate
Whether you’re refinancing to get out of an adjustable-rate mortgage or to lower your interest rate, refinancing at a low interest rate is definitely worth it. Since most other costs (taxes, insurance, etc.) stay steady over time, reducing only one part of your payment helps keep more cash in your pocket. For example, if you’re currently paying 5% on a $200,000 mortgage and find a lender that offers 4%, after closing costs and fees you’ll save $715.19 in just one year! Now multiply that by ten or fifteen years (depending on how long you plan to stay) and see how much money you can put away for retirement or future expenses.
Relax knowing you have stability
If you’re worried about how you’ll pay for retirement, a mortgage refinance can be an invaluable tool. You can get a lower rate on your loan and lock in that rate for up to 10 years to make sure you’ll be able to afford what comes next. It doesn’t matter if interest rates fluctuate in that time, either—as long as they don’t increase substantially. By refinancing today, it also means that any future rise in interest rates won't hurt as much as it would have had you waited to save for retirement until then.
Reduce interest rate risk
Interest rates are low right now, so if you have a lot of equity in your house and aren’t paying for private mortgage insurance (PMI), refinancing might be a good idea. If interest rates climb and you don’t pay PMI, for example, it could cause your monthly payments to go up. Refinancing is like taking out another mortgage—your bank will look at factors like what appraiser valued your home and how much money is still owed on it to decide whether or not to lend you more money. However, if rates rise sharply and quickly, that could cancel out any savings from refinancing.
Best Home Refinance Companies in USA
CashCall Mortgage
We provide customers from all backgrounds with fast and responsible mortgage financing. We offer a variety of low-interest loan products for people looking to refinance their mortgage, buy a home or purchase an investment property. Our lending products include financing for veterans, conventional home loans and non-conventional loans for real estate investors and self-employed borrowers. We offer competitive interest rates, never collect upfront appraisal fees, and offer no closing cost loans setting us apart from our competition. Our innovative technology streamlines the application process and our exceptional customer service makes for a hassle-free experience for our customers. For self-employed and real estate investor borrowers, we have programs that provide alternative approaches to documenting the borrower’s income making it easier for people to qualify. For more details, you can speak to an agent by calling 866-708-5626 or begin the short application process on our website. CashCall Mortgage is a dba of Impac Mortgage Corp. NMLS#128231 We do not operate in NY, CT, MO, ME, MD, WY, DE, and MA. No closing cost options are not available in Washington.
Maes HomeStyle
A healthy housing market includes homes at various levels of quality, including less expensive “starter homes” that help low- and moderate-income households become homeowners and start building equity. Frequently, starter homes are older and have deferred maintenance that drives down the price. Access to affordable credit that covers not just the purchase price but also the cost of renovations is essential for the continued viability of starter homes as a strategy to promote homeownership. The HomeStyle® Renovation (HSR) Mortgage permits borrowers to include financing for home improvements in a purchase or refinance transaction on existing homes. The HSR Mortgage provides a convenient way for borrowers to make renovations, repairs, or improvements totaling up to 75 percent of the as completed appraised value of the property with a first mortgage, rather than a second mortgage, home equity line of credit, or other more costly financing method. Eligible borrowers include individual homebuyers, investors, nonprofit organizations, and local government agencies.