5 Key Considerations Before Refinancing Your Home

Debt-to-income ratio

Surprising as it might sound, the fact that you already have a mortgage does not mean that you can easily qualify for a refinance. Most lenders require you to maintain a healthy debt-to-income ratio in order to become eligible for a refinance option.

Generally, you should not spend more than 36% of your monthly paycheck on debt repayments. A higher debt-to-income ratio means you will have a hard time qualifying for a refinance and, even if you do, you are likely to be charged a higher rate of interest by most lenders.

Small-cap winners galore

The big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; Baidu.com (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
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Smarter cryptocurrency investments

The stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.
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