Should You Refinance Your Mortgage?

Should You Refinance Your Mortgage?
For instance, lowering the interest rate on a $ 350,000 30-year fixed mortgage by 1 percent could lower your monthly payment by about $ 300 a month. On the flip side, if your goal is to shorten the length of your mortgage and you refinance that amount …
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Is It Time to Refinance Your ARM to a Fixed-Rate Mortgage?
Adjustable-rate mortgages have been a favorite funding choice, especially for first-time homebuyers, but the prospect of rising interest rates is causing many borrowers to rethink their home loan strategy. “Honestly, the last 10 years have been awesome …
Read more on NerdWallet (blog)

How often can I refinance my mortgage?
Though it may come as a surprise, there is no limitation to how frequently you can refinance your home. You can refinance as often and freely as you like so long as it financially makes sense to do so. Here are some things to consider before you move …
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Latest Mortgage Refinance News

Fed Rate Hike: Is It Too Late to Refinance My Mortgage?
And if you have an ARM and plan on living in your home for more than just a handful of years, you also have time to refinance to a fixed-rate mortgage and lock in these historically low rates. But you might want to act sooner rather than later, before …
Read more on NerdWallet (blog)

How to Refinance Your Mortgage
In fact, there may be more paperwork involved this time around than when you first bought, especially if you went through the mortgage process in the “low-doc” days. Let's consider some important initial steps of a mortgage refinance — and then run …
Read more on NerdWallet (blog)

5 Smart Reasons to Refinance Now
While mortgage rates have peeped above 4% only once this year (in July), credit card interest rates often ride well into the double digits. All things being equal, it's better to owe under 5% interest on a loan than 18% on a credit card. And as an …
Read more on Realtor.com News

Latest Refinance Mortgage News

How to Calculate the True Savings from Refinancing a Mortgage
There's no one way to calculate the true savings from refinancing a mortgage. You can – and should – crunch the numbers to make sure that the refinance will actually save you money (it doesn't always). But you also have to take non-monetary factors …
Read more on The Dough Roller

Is a refi for you? Low rates make refinancing mortgages popular
Attractive rates and residential mortgage financing promotions helped to drive refinancing activity upward in 2015, but it might taper off in 2016 as fewer homeowners will want to take that financial option. While Wisconsin mortgage lending officials …
Read more on Kenosha News

perfect time to refinance your mortgage
Janine Louden was not going to just let inertia rule and do nothing when mortgage interest rates fell below what she was paying on her fixed-rate mortgage. She is refinancing the loan she has with her husband on their house in Newcastle in NSW …
Read more on Sydney Morning Herald

Latest Auto Loan Refinance News

How to Get a Lower APR on Your New Car in Washington, DC
Even if you initially financed your car with another lender, DVA can work with you to refinance your loan, regardless of how new your car is. DVA will even work with you if you have a less-than-perfect credit score. You can get financing from DVA with …
Read more on Go Banking Rates

Hillary Clintons Fake Tough Talk on Wall Street
When AIG, the giant insurance company and poster child for lightly regulated finance, began to implode in September 2008, Clinton reached out to Treasury Secretary Henry Paulson, who was involved in talks to rescue the firm with government funds …
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The Appeal Of The "Cash-Out" Refinance

The Benefit Of The "Cash-Out" Refinance
The quarterly outcomes mark the largest one-quarter share of the market for cash-out mortgages this decade. Data arises from government-backed Freddie Mac, which describes a "cash-out refinance" as a refinance which results in a new loan size which exceeds the …
Find out more on The Mortgage Reports (blog site)

Refinancing A Home Loan to settle Credit-Card Debt
A expert surviving in New York thought she was being crushed by a mounting stack of credit-card debt. Despite earning $ 90,000 a year, she had no savings along with racked up $ 25,000 indebted on her cards, which cost this lady over $ 1,000 in monthly payments …
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Wish Refinance to a Shorter home loan? Here's What You Ought To Ask Yourself
Has actually your financial situation enhanced significantly as you initially took on your mortgage? That's great! You have got some choices, including paying down your mortgage ahead of time or refinancing to a shorter term. About the previous option, …
Find out more on Credit.com Information (weblog)