4 Luxe Father's Day Gift Ideas for Around the House

Father’s Day is right around the corner, but there’s still time to get the perfect gift. With endless options to choose from, it can be difficult to find something that lets dad know just how much he means to you. For the fathers who already have it all, here are several fun gift ideas that he’ll enjoy using at home.  

Gifts for the Home Gym
Everyone’s working out from home these days, but for some, it can be a struggle. If this sounds like your dad,give him a gift for the home gym that’s worth getting excited about, like a Peloton bike or Mirror, a wall-mounted LCD screen that gives you access to professional trainers and endless exercise classes. 

Garage-Inspired Gifts
For the dad who spends his free time tinkering in the garage, get him something that he can use in his happy place. A beautiful new set of tools is always a great choice, but if he’s all set in that department, you can get him a professional-grade tool chest to store everything. A refrigerator for keeping his favorite beverages nearby is another practical option that’s sure to come in handy. 

Something for the Rec Room
Does he need some new activities to enjoy at home? Then get him a gift for the rec room, like a handcrafted chess board or a billiard table. If he’s the type who likes an ongoing project, then a home brewing kit to make his own beer might be the ideal gift to keep him busy and discover a new hobby.

Backyard Gift Ideas
When we think of backyard gifts for dad, a brand new grill always comes to mind. However, if he already has a state-of-the-art grill for cooking his favorite meals, then maybe he could use an outdoor bar cart for crafting his favorite beverages without having to run back inside the house. 

Smart Home Gadgets That Will Elevate Your Home

Technology seems to mutate with the speed of light, but is your home keeping up with the changes? Smarten it up with a few smart-home electronics that will boost safety, increase comfort and may even save you a few bucks:

Video Doorbell
The VTech Video Doorbell, about $115, lets you screen and even video chat with visitors before you answer the door. And the system takes a snapshot each time the doorbell is pressed, so you’ll always know who came a-knocking while you were away.

Smart Door Lock
The August Smart Lock uses keyless technology to keep your home safe no matter where you are. From your smartphone, you can let guests in, check to make sure you locked up before you left, keep a record of who has entered and exited, and unlock your door from the driveway. Cost? About $220.

Home Automation
You can ease into wireless control of your lighting and appliances with Insteon’s Start Here Kit, about $125, before moving on to automating other household needs, like irrigation control and occupancy sensing.

Water Saver
The WaterPebble Water Saver memorizes the length of your first shower and uses it as a benchmark to measure future shower times. Using a series of ‘traffic lights,’ it reduces your shower time by a fraction each time, helping you save on your water bill without trying. About $12.

Learning Thermostat
For about $250, the Nest programmable thermostat will learn your heating and cooling schedule and program itself. It can even be controlled from your phone and could save you up to 20 percent on energy costs.

Smart Watering
Is your sprinkling system over-watering or under-watering your lawn? Toro’s wireless Xtra Smart Soil Moisture Sensor keeps the moisture level just right. Not only will the health of you lawn improve, but your wallet (and the Earth) will benefit, too. About $115.

How to Get the Best Mortgage Refinance Rates

If you can find a lower mortgage rate than the one you already have, then refinancing a mortgage can make sense. Here are some of the best ways to get a low rate:

Raise Your Credit Score
For a conventional loan, borrowers with a credit score of 740 or more will usually get the best interest rates. Having a minimum credit score of 620 will often lead to a higher rate. Raising your credit score can help. Some methods take longer than others, but improving your score is one of the best moves to make when refinancing a mortgage.

Start by paying your bills on time, which has the biggest impact on a credit score. You can also improve your credit utilization, meaning using less of the credit available to you on your credit cards.

For example, if you have three credit cards with a total credit limit of $10,000, but all of the card balances add up to $5,000, your credit utilization rate is 50 percent. Ideally, it should be under 20 percent to get the best mortgage rate. The credit utilization rate can be dropped by paying down the credit card balance, using less of the credit available or getting a higher credit limit.

Lower Debt
Reducing your debt-to-income ratio, or DTI, by paying down your credit card balance is another big way to improve a credit score. A DTI of 36 percent or lower is preferable. To lower your debt, put off big purchases, such as a new car or appliances, until after you’ve refinanced your mortgage.

Shop Around
Don’t refinance with the first lender you find, or even with your current lender. There are many loan products available, and many lenders that offer them.

Research what national banks, credit unions, community banks and your current lender offers for mortgage refinances before choosing one that’s right for you. Some lenders may have in-house loans that they don’t sell on the open market that are more flexible and have better rates and terms than other lenders.

Be sure to pick a lender that you’re comfortable with and trust, and don’t just focus on the interest rate. The lender you choose will be helping you with one of the biggest financial transactions of your life, and you want to work with someone who has your best interests in mind.