Good Time To Ask About Refinancing Your Mortgage: I Might Save $50,000!
With the rate drop yesterday, mortgage rates are at amazing lows. People in the office are bragging about locking in 4 ... that you’ll be holding the loan longer than that. Here are two breakeven calculators: one and two ... . (Especially if you have a good credit score and a loan-to-value ratio below 90%.) My favorite source [more...]
Date: 2008-12-18 11:53:02
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Is Now The Opportunity For You To Review Your Mortgage In Return For A Fixed Rate Mortgage?
As we are seeing base lending rates plummeting to an all time low, ... mortgage loan rates, what exactly are all of these different types of mortgages available [more...]
Date: 2009-01-15 22:01:05
Mortgage Rates Hit Record Lows, But Does it Matter?
The average U.S. rate on a 30-year fixed mortgage fell to 4.96 percent this week ... Reserve is buying large amounts of mortgage-backed securities in the hopes that lenders will reduce ... to refinance their existing loans. We just saw a stat saying as many as half can’t meet the credit [more...]
Date: 2009-01-15 19:12:32
WHEN IS A 5.000 PERCENT MORTGAGE RATE REALLY 3.600 PERCENT?
Related posts:Get Extra Tax Deductions In 2008 — Pay Your Mortgage A Few Days Early For most Americans, mortgage interest paid on a home loan...Shopping for a low rate mortgage for your Danville real [more...]
Date: 2009-01-16 04:23:28
Interest Rates Drop Again…
Everyone keeps saying that it’s the perfect time to buy, home values are dropping, rates are low, the time is now. I have people that call every week for mortgage rates, they keep hoping the rates will continue to drop. Remember, banks make money off loans, there is a point where banks cannot lower rates any [more...]
Date: 2009-01-16 01:53:45
All Time Low Mortgage Rates For A++ Borrowers Only
As discussed on December 31, 2008 many homeowners attempting to lower their mortgage rate apply for a refinance, ... income (debt ratio of 32% or less) and substantial equity in the home (loan to value of 75% or less ... and won’t get approved. Only about a third of U.S. mortgage debt outstanding is likely to qualify [more...]
Date: 2009-01-15 08:09:46
Reasons to Refinance Your Mortgage
Image courtesy of Notionscapital.comThe rates on a 30 year home loan have recently fallen to record lows; and will possibly fall even further ... account or help you pay off your credit card debt a lot faster.Low Cost. If you are one of those ... the process to refinance their loan.Even though the current rate may be lower than what you are paying [more...]
Date: 2008-12-29 11:15:00
Ask the Readers: When Does It Make Sense to Refinance a Mortgage?
So much for vacation. I just can’t keep myself away from you guys! ... are at a 37-year low. A 30-year fixed-rate mortgage averages about 5.28% right now. I don’t usually pay much ... loan), but our current mortgage is in a kind of phantom zone: We have a $207,000 balance at 6.25 [more...]
Date: 2008-12-19 13:00:18
Pay Option ARMs - The Implosion Is Still Coming Despite Low Rates
Mr Mortgage is a 20-year mortgage banking veteran, specializing in wholesale and correspondent sales and sales/operations management and bringing ... . The broad failure of this loan type will have severe consequences on already depressed CA real [more...]
Date: 2008-12-24 14:00:38
Las Vegas Real Estate Rebounding
We believe the market is rebounding here in Las Vegas ... months. The flip side to this is these reduced home prices, coupled with extremely low mortgage rates ... Shifts Signal Changes If you look closely at the types of loans that are being made here in Las Vegas [more...]
Date: 2009-01-16 02:27:41
Taking Advantage of Low Rates
Continued unrest in the Middle East, unemployment rates at the highest level in recent memory, ... score and a favorable loan-to-value ratio on my house, which will allow me to get the lowest rates ... that don't take advantage are squandering a golden opportunity. My monthly mortgage payment is going [more...]
Date: 2009-01-12 20:56:00
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