|Mortgage & Refinancing Information|
Top 10 Things to Consider on Home Loans
Here are our Top 10 most important things to consider when shopping for a Home Loan, Equity Line of Credit, or Refinance, courtesy of Loans-Directory.Org:
1. Down-Payment - As a general rule of thumb, lenders will be seeking contribution from you of around 3% to 6% of the total loan value. This can be negotiable, and there are many loan packages available.
2. Fixed versus Adjustable - The two most common loan products available for home mortgages are fixed rate versus adjustable rate.
Fixed rate means that you agree on an APR (annual percentage rate) that does not change through the life of the loan, whereas, an Adjustable Rate Mortgage, better known as an ARM, means that rates and monthly payments can change, often tied to the U.S. Government Treasury Bills or some other form of "index", with the frequency of change dependent upon the terms of the loan.
Deciding on which way to go involves many variables. We suggest that you start by examining the fixed rate products available on the market. They are by far the most popular, and arguably with the least amount of risk. After evaluating several preliminary loan offers (quotes) for fixed rate mortgages, you can then venture into the world of ARM's to see if one of these products may be right for you. But, proceed with caution, and understand all the risks, alongside any potential benefits.
3. APR - APR, better known as the annual percentage rate, aka: "rate", is arguably the most important consideration you must examine when looking for a loan. The APR includes principle, interest, "points", fees, PMI (Mortgage insurance), and other costs associated with the loan. While all costs and terms are significant and affect the bottom line, we suggest that shopping rate is a very good starting point.
4. Loan Types: There are several standard loan products to look for, including 30 year fixed, 15 year fixed, bi-weekly mortgages, 1 month ARM's, 5 year fixed ARM's, 2nd Fixed, ARM's with a provision to convert after 5 years, lender buydowns, and discounted mortgages.
We think the best place to start, is to obtain quotes for a 30 year fixed rate loan, and then go from there. 30 year fixed rate loans generally produce the lowest monthly payments for fixed rate products, and they are relatively safe. Once you know where you stand with a 30 year fixed, after obtaining quotes from several lending institutions, then you can consider the possibility of exploring more exotic loan products. At this juncture, you will want to consult with those you trust, for good, solid advice and feedback on risk versus reward.
5. Loan Amount Qualification, Income: This can vary widely depending on you, your lender, and many other variables. However, as a rule of thumb, look at 2 to 2 ˝ times your current household income, as a baseline to determine how much you can afford to borrow.
6. Loan Amount Qualification, Expenses: This is another broad category that varies from one lending institution to the next. However, there are two general factors to look at, and they are Housing Expenses (such as mortgage, property taxes, and insurance), and long-term debt (which can include credit cards, auto loans, etc.).
First, add all your expenses together. As a rule of thumb, you will want your expenses to not exceed 33% to 36% of your gross household income.
Second, examine your housing expenses only. As a rule of thumb, you'll want these expenses to not exceed 25% to 28% of your gross household income.
7. Employment and Credit History: Lenders generally want to take a look at your employment history so that they can see a pattern of stability and income. Lenders generally also want to take a look at your credit history, so that they can see a pattern of borrowing and repayment in your past. Lenders cannot discriminate and must use this information solely for the purpose of considering your ability to repay a loan. Also, many loan products are available for all kinds of customers, with varied financial backgrounds and histories.
8. Points: Points are one of the primary fees charged on the loan, and they represent the profit earned by the lending institution. One point represents one percent of the total loan amount, and points are usually tax-deductible (along with the interest paid on the loan). They are broken down into two basic types:
Origination Points - Origination Points are the fees charged by the lender, and represents their gross profit.
Discount Points - Discount Points are most often charged in association with a lowered interest rate. In other words, the Discount Points represents a dollar amount, as a fee for giving the borrower a lowered APR (lower than what the lender might otherwise charge).
9. Sub-Prime Loans: Sub-Prime Loans consist of loan products designed for customers with challenging credit and financial backgrounds, or, customers that are looking to re-establish credit. They can be significantly higher then the prime lending rate, with less favorable terms (Often times, the loans are for the short-term, such as 2 to 3 years). However, they do offer a venue for certain individuals, and they can allow customers to re-establish credit, or buy new homes prior to cleaning up a credit history, etc.
For some of you, this avenue may offer exactly what you're looking for. It's important to know that lenders who specialize in sub-prime loans are out there and want to earn your business. However, we advise that you proceed with caution. Be sure to gather sound advice from trusted friends and professionals, and understand all the risks versus rewards, prior to signing on the dotted line.
10. Short-Forms: The most important thing you can do as a consumer of loan products is to shop around and get several preliminary loan quotes for your consideration.
These are no risk, no obligation, preliminary loan offers. They take 30 seconds to 2 minutes to complete, they require no personal or confidential disclosure on your part, and they require no commitment from you.
We suggest that you obtain 3 or 4 offers. You can then examine and compare the terms, rate, fees, and all other pertinent information about the loan product, and the lender, at your leisure and in the comfort of your own home.
Also, take a quick look at the current interest rate for 30 year fixed loans, as well as the 6 month trend graph. We have set up a free webpage with this information, or you can find many graphs and charts via your favorite search engine.
We've enjoyed providing this information to you, and we wish you the best of luck in your pursuits. Remember to always seek out good advice from those you trust, but never turn your back on your own common sense.
Publishers: This article may be freely distributed so long as the copyright, author's information and an active link (where possible) are included.
Disclaimer: Disclaimer: Statements and opinions expressed in the articles, reviews and other materials herein are those of the authors. While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. The author will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.
About The Author
Copyright 2005, by Loans-Directory.Org , This article is available in full format at: Home Loans , Tom Levine provides a solid, common sense approach to solving problems and answering questions relating to consumer loan products. His website seeks to provide free online resources for the consumer, including rate-watch, tips and articles, financial communication, news, and links to products and services.
Senior Life: How cash-out refinancing can turn into a costly mistake The Reporter
(BPT) - After years of making regular mortgage payments, it feels good to watch your net worth make upward progress. That's especially true if your house is also ...
Prepayment activity hits 10-year low as mortgage refinancing decreases National Mortgage News
Continual declines in the refinance share of mortgage originations led to prepay rates dropping to their lowest levels since 2009, according to Black Knight.
Refinance mortgage rate dips for Tuesday Bankrate.com
Refinance rates were mixed, but one key rate decreased. If you're in the market for a home loan, see how your payments might be affected.
Mortgage applications surge 13.5% as borrowers rush to take advantage of lower rates CNBC
That is its highest level since February and came after a 23 percent jump the previous week. Volume was just 0.5 percent lower than a year ago.
Refinance rates tick lower for Thursday Bankrate.com
Several closely watched refinance rates dropped today. See what that means for you if you're in the market for a mortgage.
Refinance mortgage rate slides for Friday Bankrate.com
Refinance rates were mixed, but one key rate tapered off. The average rate for a 30-year fixed-rate refinance trended down, but the average rate on a 15-year ...
Refinance rates retreat for Monday Bankrate.com
Multiple benchmark refinance rates tapered off today. If you're in the market for a mortgage, see how your payments might be affected.
Refinance mortgage rate moves higher for Monday Bankrate.com
Refinance rates were mixed, but one key rate trended upward. If you're in the market for a mortgage, see how your payments might be affected.
Refinance mortgage rate slides for Thursday Bankrate.com
Refinance rates were mixed, but one key rate declined. If you haven't locked a refi yet, see how your payments might be affected.
Refinance mortgage rate moves up for Friday Bankrate.com
Refinance rates were mixed, but one key rate advanced. If you're in the market for a home loan, see what that means for you.
Cash-out mortgage refinancing: Hereâ€™s where homeowners are using it most Bankrate.com
Homeowners who snagged a low-interest mortgage in recent years generally avoid refinancing the loan because interest rates are higher now. When they need ...
Refinance mortgage rate moves higher for Saturday Bankrate.com
Refinance rates were mixed, but one key rate climbed. If you haven't locked a refinance yet, see what that means for you.
Better Mortgage Launches Emergency Refinance Program to Help Government Workers Currently Furloughed or Working without Pay - Markets Insider
Better Mortgage Launches Emergency Refinance Program to Help Government Workers Currently Furloughed or Working without Pay Markets Insider
NEW YORK, Jan. 17, 2019 /PRNewswire/ -- Better Mortgage, one of the leading digital mortgage lenders in the U.S., today announced that it has launched a mor ...
Mortgage rates stand pat as federal shutdown creates uncertainty about economy - The Washington Post
Mortgage rates stand pat as federal shutdown creates uncertainty about economy The Washington Post
Without access to the usual economic data because of the federal government shutdown, mortgage lenders are left with a murky picture of where the economy is ...
Refinance mortgage rate rises for Thursday Bankrate.com
Refinance rates were mixed, but one key rate climbed higher. If you're shopping for a mortgage, see what that means for you.
Couldn't qualify to refinance last year? Lenders more likely to say yes in 2019 | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Couldn't qualify to refinance last year? Lenders more likely to say yes in 2019 | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
If you have been wanting to refinance but had a hard time getting approved, 2019 might be your year. Lenders are allowing higher debt-to-income ratios, ...
Deborah Kearns: The 4 most common mortgage and real estate scams and how to stop them - PostBulletin.com
Deborah Kearns: The 4 most common mortgage and real estate scams and how to stop them PostBulletin.com
The last thing consumers should have to worry about is being scammed when they buy or rent a home, or consider refinancing options. Unfortunately, criminals ...
How to Pay Off Your Mortgage Faster Credible News
Once you've reached certain financial goals, paying off your mortgage early can make sense. Here's how to pay off your mortgage ahead of schedule.
Mortgage rate decline sparks refinancing demand in Capital Region - Greater Baton Rouge Business Report
Mortgage rate decline sparks refinancing demand in Capital Region Greater Baton Rouge Business Report
With mortgage rates falling to their lowest levels in eight months, some Capital Region residents are seizing their opportunity to refinance on their homes.
Refinance mortgage rates mixed for Tuesday Bankrate.com
Refinance rates were mixed today. If you're in the market for a refi, see how that could affect you.
Mortgage rates drop below 4.5%. Homeowners scramble to refinance | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Mortgage rates drop below 4.5%. Homeowners scramble to refinance | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
There is a quiet refinance boom brewing, as mortgage rates sink to 9-month lows. Not since April 2018 have rates been this low. Freddie Mac, in its weekly ...
Shutdown Impact Spreads: Government Furloughs Put Some Mortgage Deals In Limbo NPR
The partial shutdown of the federal government is causing some financial problems for furloughed workers who can't refinance their mortgages or buy homes ...
Refinance rates decline for Wednesday Bankrate.com
Several key refinance rates were down today. If you're in the market for a home loan, see how your payments might be affected.
Falling Mortgage Rates Lead to Surge in Refinance Activity Mortgageorb
A surge in refinance activity resulting from a drop in mortgage rates helped push mortgage application volume up 23% during the week ended Jan. 4, according ...
Mortgage rates continue their slide, while the Fed raises its benchmark rate Washington Post
Mortgage rates continued their retreat, helped by volatility in the financial markets and weakened inflation expectations. According to the latest data released ...
Refinance rates retreat for Wednesday Bankrate.com
Multiple benchmark refinance rates were down today. If you're in the market for a refinance, see how your future mortgage payments could be affected.
Why mortgage lending at Wells Fargo, Chase and Citi plunged MarketWatch
Mortgage lending at three of the country's biggest banks has fallen off a cliff as customers pivot to online-only options and stop refinancing.
Deutsche Lends $68M to Refi UES Condo Building Commercial Observer
Wonder Works Construction has landed a $68 million Deutsche Bank mortgage to refinance a condo tower on the Upper East Side of Manhattan.
Dropping mortgage rates near levels that could lead to more refis National Mortgage News
Falling mortgage rates have reached the point where they are spurring speculation about a possible resurgence in refinancing, according to an FTN Financial ...
Mortgage Rates Fall as Government Shutdown Rolls On â€“ Market Update Zing! Blog by Quicken Loans
It's Day 24 of the partial government shutdown, but inflation is low, as are jobless claims and mortgage rates. All that and more in Market Update!
Refinance rates drop off for Monday Bankrate.com
Multiple benchmark refinance rates sunk lower today. If you're shopping for a refi, see how that could affect you.
Mortgage applications plummet nearly 10% to end 2018, despite lower rates CNBC
The numbers are surprising, given that homebuyers and homeowners looking to refinance could have taken advantage of lower interest rates.
6 Tax Breaks for Homeowners Yahoo! Finance News
Under the Tax Cuts and Jobs Act, which takes effect for tax filings for the 2018 calendar year, standard deduction increases will likely mean far fewer Americans ...
Mortgage Applications See Slight Uptick as Rates Remain Unchanged ETF Trends
Mortgage applications saw a slight uptick last week, increasing by 13.5 percent--its highest level since February 2018.
Weekly mortgage applications fall 5.8% as stock market plunge unnerves potential buyers CNBC
Even with mortgage rates at the lowest level in three months, homebuyers are pulling away from the housing market. Mortgage application volume fell 5.8 ...
The Right Way to Tap Your Home Equity for Cash ConsumerReports.org
Millions of Americans are tapping their home equity for cash. That can be risky. Consumer Reports explains what to watch out for and how to choose the right ...
Veterans Pay High Price as Lenders Push Cash-Out Home Loans Bloomberg
Eric Kandell is making his pitch to veterans. Wearing a red T-shirt, with the words â€śLow VA Ratesâ€ť emblazoned across his chest, he looks fit and muscular, as if ...
Nigeria Mortgage Refinance Company lists N11b bond The Nation Newspaper
The Nigeria Mortgage Refinance Company (NMRC) has listed its N11 billion 13.80 per cent Series 2 Fixed Rate Bonds on the Nigerian Stock Exchange (NSE), ...
How latest Fed rate decision affects rates on credit cards, mortgages, savings accounts USA TODAY
How the latest Fed rate hike affects what you pay on credit cards, mortgages, auto loans as well as your bank savings account.
Kenyaâ€™s Biggest Mortgage Lender Plans to Double Loans in Two Years Bloomberg
Kenya's biggest mortgage lender plans to double its home-loan business over the next two years by offering longer repayment periods, its chief executive officer ...
How the government shutdown is disrupting mortgage, real estate transactions Bankrate.com
As the U.S. government shutdown continues, federal workers aren't the only ones being impacted. Some homebuyers, along with lenders and real estate agents ...
How cash-out refinancing can turn into a costly mistake Mountain Grove News Journal
Sorry, but your browser does not support the video tag.
Falling Mortgage Rates Raise Hopes for Battered Housing Market The Wall Street Journal
Mortgage rates have fallen to around their lowest levels in eight months, offering a potential boost to the housing market after a rough patch in recent months.
It's 2019. Stop Treating Customers Like Strangers Entrepreneur
My wife and I communicate with each other quite a bit, as you might expect. We chat in person, talk on the phone, text each other, exchange emails, leave sticky ...
Mortgage rates retreat for Wednesday Bankrate.com
Several benchmark mortgage rates ticked downward today. If you're shopping for a mortgage, see how that could affect you.
Mortgage demand hits new low in Fannie Mae survey theday.com
The share of mortgage lenders reporting or expecting growth in mortgage demand hit new low points in the fourth quarter of 2018, according to the latest.
How To Survive The Federal Government Shutdown Forbes
Here's the best financial advice for the federal government shutdown.
Fears of housing downturn may have been overblown CNN
The housing market is flashing signs of a bounce back in 2019.
Subservicer, Non-Agency Products; World Debt Increasing; Primer on "Duration" and Mortgage Pricing - Mortgage News Daily
Subservicer, Non-Agency Products; World Debt Increasing; Primer on "Duration" and Mortgage Pricing Mortgage News Daily
Time has a way of slipping by. For example, I've really been meaning to transfer a bunch of Lotus 1-2-3 and Quattro Pro spreadsheets I have off of some floppy ...
Mortgage refinance applications hit 18-year low CNBC
Mortgage refinance applications hit an 18-year low. With no major move in interest rates and continued weakness in home affordability, there was not a lot of ...
Closely watched mortgage rate up for Tuesday Bankrate.com
Mortgage rates showed no clear direction today, but one key rate ticked up. If you're in the market for a home loan, see how that could affect you.
Not Everyone Benefited from Lower Interest Rates During the Great Recession Kellogg Insight
In times of economic crisis or looming recession, the Federal Reserve can lower interest rates to incentivize borrowing and, therefore, spur economic growth.
Refinance Your Mortgage Quickly: Prequalify in Just 3 Minutes Credible News
Let us do the heavy lifting for you. Compare rates from multiple lenders with no impact to your credit score. Refinance your mortgage with peace of mind.
Mortgage refinance checklist: what you need to refinance your home | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Mortgage refinance checklist: what you need to refinance your home | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
This handy mortgage refinance checklist tells you what you need to do before refinancing. Get your paperwork in order and know your refinance goals to speed ...
Cronheim Mortgage Secures $11.5M Refinancing for Office Portfolio in New Jersey REBusinessOnline
SOUTH PLAINFIELD, N.J. â€” Cronheim Mortgage has secured an $11.5 million loan to refinance a four-building office portfolio within the Middlesex Business ...
Weekly refinance demand plummets as mortgage rates hit a 5-week high CNBC
A sharp rise in mortgage interest rates took its toll on the lending business last week. Mortgage application volume fell 1.8 percent for the week, according to the ...
Factors to weigh when considering whether to refinance your home Washington Post
REAL ESTATE MATTERS | If you can lower your interest rate, that's good. But you also have to look at your monthly payment. Will your new monthly payment be ...
Mortgage applications fall, as refinancing hits 20-year low CNBC
A significant drop in mortgage interest rates was not enough to entice homeowners to refinance their loans last week.
Refinancing activity in the US just plunged to the lowest level in over a decade Business Insider
Refinancing activity plunged to the lowest level since 2000 as interest rates rise.
How should I apply for a mortgage refinance: in person, by phone or online? | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
How should I apply for a mortgage refinance: in person, by phone or online? | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
You can apply for a mortgage refinance in person, over the phone or online. Just make sure that the company is legitimate before providing personal information ...
Businesses offer furlough freebies, shutdown specials and assistance to federal workers USA TODAY
Wireless providers including AT&T, Verizon and Sprint are willing to work with furloughed federal government workers on payment programs.
Refinance mortgage rates mixed for Saturday Bankrate.com
Refinance rates were mixed today. See what that means for you if you're in the market for a mortgage.
Mortgage rates decline for Tuesday Bankrate.com
Multiple key mortgage rates sunk lower today. If you're in the market for a home loan, see what that means for you.
2018 proved to be better for Better as loan volume tripled Mortgage Professional America
Digital lender saw origination volume grow to $1.34 billion.
Refinance mortgage rates mixed for Monday Bankrate.com
Refinance rates were mixed today. See what that means for you if you're in the market for a mortgage.
Refinance mortgage rate falls for Friday Bankrate.com
Refinance rates were mixed, but one key rate declined. If you're shopping for a mortgage, see how your payments might be affected.
3 Signs You Should Refinance Your Mortgage The Motley Fool
Refinancing at the right time can save you thousands of dollars a year.
Credible Expands Their Marketplace Into Mortgage Refinancing Lend Academy
Credible made a name for themselves in student loans. They are the first and largest marketplace for people looking to refinance their student loans. Borrowers ...
Refinance mortgage rate ratchets higher for Thursday Bankrate.com
Refinance rates were mixed, but one key rate climbed. If you're shopping for a mortgage, see how your payments might be affected.
Mortgage rates move down for Monday Bankrate.com
Several benchmark mortgage rates receded today. See what that means for you if you're in the market for a home loan.
How to refinance to pay off a mortgage faster | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
How to refinance to pay off a mortgage faster | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
You probably have a number of ways to pay off a mortgage faster. You can refinance to a shorter term, pay more on your existing mortgage or free up your ...
When to refinance: I need to lower my mortgage rate or payment | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
When to refinance: I need to lower my mortgage rate or payment | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
If you're wondering when to refinance, consider your objectives and see if you'll pay less interest, reduce your payment, or lower your overall costs.
With today's mortgage rates, you can still refinance for lower payments. Here's how | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
With today's mortgage rates, you can still refinance for lower payments. Here's how | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Many homeowners refinance for lower payments or interest rates. Here's what you need to know about your options and some pitfalls.
When Is a Cash-Out Refinance Loan a Good Idea? U.S News & World Report Money
In a cash-out refinance mortgage, you take a loan against your home in excess of what you owe, leaving you with cash available to spend. Adding to the debt ...
Refinance mortgage rates mixed for Friday Bankrate.com
Refinance rates were mixed today. If you haven't locked a refinance yet, see what that means for you.
Federal shutdown strains some Las Cruces families; some local businesses offer help - Las Cruces Sun-News
Federal shutdown strains some Las Cruces families; some local businesses offer help Las Cruces Sun-News
LAS CRUCES - As an ongoing partial federal government shutdown rapidly approaches its one-month milestone, Las Crucen Anne Hubbell admits she's ...
Key Development Considerations - Affordable Housing Proshare Nigeria Limited
Apart from being one of the items that absorb a large portion of household expenses, housing plays a special role in the social, political and economic discourse ...
Mortgage application activity rises on uptick in refinance volume National Mortgage News
An increase in refinance activity in the period after Columbus Day drove mortgage applications 4.9% higher from one week earlier, according to the Mortgage ...
Refinance mortgage rate eases for Thursday Bankrate.com
Refinance rates were mixed, but one key rate dropped. If you're in the market for a mortgage, see how your payments might be affected.
Rates Are Rising, But Is It Time To Refinance? Five Scenarios To Consider Forbes
If any of these scenarios apply to you, you may want to look into refinancing.
Best cash-out refinance lenders 2019 | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Best cash-out refinance lenders 2019 | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
If you want to pull equity out of your home in 2019, check out this list of best cash-out refinance lenders. Because mortgage rates and costs for cash-out ...
Refinance mortgage rate trends higher for Thursday Bankrate.com
Refinance rates were mixed, but one key rate notched higher. The nationwide average for a 30-year fixed-rate refinance rose, but the average rate on a 15-year ...
Thinking of Refinancing Your Mortgage? Check These 4 Financial Areas First Forbes
Refinancing your mortgage can be a great way to save on your monthly payment or to change up the terms of your loan. However, while it's a financial move that ...
What the government shutdown means for New Jersey agencies NorthJersey.com
Travelers could face long lines at Newark Airport because of TSA employees calling out sick, and the Paterson Great Falls visitor center is closed.
Texas cash-out refinance: new laws you need to know | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Texas cash-out refinance: new laws you need to know | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Cash-out refinance Texas rules for homeowners in Texas. Texas cash-out refinancing is different from other states and you'd better know the rules before taking ...
Refinance mortgage rate falls for Tuesday Bankrate.com
Refinance rates were mixed, but one key rate dropped. If you haven't locked a refinance yet, see how your payments might be affected.
Rocket Mortgage Review Bankrate.com
Rocket Mortgage from Quicken Loans lets you apply for a mortgage in minutes using nothing more than a smartphone app.
Do mortgage lenders have minimum mortgage amounts? | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Do mortgage lenders have minimum mortgage amounts? | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Are there minimum mortgage amounts to buy or refinance a home? Not according to most official program guidelines, but most lenders do set minimum amounts ...
Refinance rates fall for Saturday Bankrate.com
Multiple key refinance rates trended down today. If you're in the market for a home loan, see what that means for you.
Refinance mortgage rate ratchets higher for Friday Bankrate.com
Refinance rates were mixed, but one key rate increased. The average rate for a 30-year fixed-rate refinance advanced, but the average rate on a 15-year fixed ...
Refinance mortgage share falls back to 2018 low National Mortgage News
As mortgage rates recently hit their highest point in seven years, closed refinances fell back to their low point of 2018, according to Ellie Mae.
Best Mortgage Lenders Bankrate.com
The best mortgage lender isn't the same for everyone.That's why we compiled a list of best mortgage lenders for first time home buys to those looking for their ...
Refinance mortgage rates mixed for Thursday Bankrate.com
Refinance rates were mixed today. If you're in the market for a home loan, see how your payments might be affected.
How Long Does It Take to Refinance a Mortgage? Realtor.com News
How long does it take to refinance a mortgage? Refinancing should take anywhere from 30 to 45 days on average, although that can stretch to 60 days if you hit ...
Refinance mortgage rate eases for Saturday Bankrate.com
Refinance rates were mixed, but one key rate slid lower. If you're shopping for a refi, see how your payments might be affected.
Refinance mortgage rate trends higher for Tuesday Bankrate.com
Refinance rates were mixed, but one key rate advanced. If you're shopping for a home loan, see what that means for you.
Mortgage rates are on the rise. Here are some tips for getting the lowest rate. - The Washington Post
Mortgage rates are on the rise. Here are some tips for getting the lowest rate. The Washington Post
The 30-year fixed-rate average hit a seven-year high last week. But that doesn't mean you still can't get a low rate when buying a home or refinancing a loan.
How to use a cash-out refinance to buy another home | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
How to use a cash-out refinance to buy another home | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Can or should you use a cash-out refinance to buy another home? Maybe, if that's the most cost-effective source of a down payment or even the whole purchase ...
Refinance mortgage rate slides for Monday Bankrate.com
Refinance rates were mixed, but one key rate sunk lower. See what that means for your chances of scoring a killer refi rate.
Mortgage Refinancing Sinks Near a One-Decade Low on Rising Rates Bloomberg
Years of low interest rates have let homeowners refinance their mortgages on more favorable terms, or even cash out some of their equity to send a kid to ...
New Home Loan - Understand The Various Types Of Mortgage Lenders
So, you've decided to buy a house, and you're ready for that all important next step-applying for a mortgage loan. But where should you go? After all, the mortgage business is complex, and you've realized quickly that your choices for lenders are immense.
New York Refinance - Refinancing in New York
If you are looking to refinance in New York, it helps to get the facts before you begin the refinancing process. If you have an existing high interest mortgage, refinancing now could be the best choice for you.
Council Right to Buy Mortgage - Helping Everyone Have a Home of
"We will help every Council Tenant to become Home Owners"With these historic words Margaret Thatcher initiated an equally historic concept of council right to buy scheme. However, the groundwork for this scheme had been laid much before in the 70s under the reigns of the labour government.
How to Find Cheap Home Improvement Loans
If you have home improvements that you'd like to see done but don't have the money to do them, you might want to consider looking for cheap home improvement loans.These are loans that are designed with the homeowner in mind, and allow you to make the repairs and improvements that you want but that you otherwise couldn't afford.
Home Equity Loans Can Provide Cash in a Hurry
Think About the Long Term. Estimate how long you expect to stay in your current house.
Home Equity Loans 101
A secured home loan differs from an unsecured loan in thatthe secured loan borrows against one's home as collateral,thereby reducing the risk to the lender.As such, secured home loans often offer better interestrates than unsecured loans, but offer higher risk to theborrower, as defaulting on these loans can have greaterconsequences, such as fines, or even possible repossessionof the home originally put up as the secured collateral(subject to the amount of the loan, of course).
What is a Current Account Mortgage?
Current account mortgages are fairly new to the sector. They are quite different to other types of mortgage as they enable you to set off all your savings and debts in one single account.
Home Mortgages: Does It Ever Make Sense to Pay Points?
Interest rates on home mortgages are often quoted with and without points. A point equals one percent of the amount you are financing.
Home Equity Loan - When Does Refinancing Make Sense?
For the last two years, interest rates have been much lower than anytime during the last thirty years. This has resulted in an unprecedented boom in real estate sales, home refinancing and home equity lending, as borrowers try to take advantage of these rates for the long term.
Kings Bay Saint Marys & Kingsland Georgia - Affordable Home Mortgages
Buying a home is usually the largest purchase any of us will make in a life time. When choosing a home, you want to find one that suits your families needs best.
Home Mortgage Refinancing - Things to Consider When Looking to Get Cash Out on a Refinance
When you refinance your home mortgage, lenders often tempt you with the option of cashing out part of your home's equity. Cash at a comparably low interest rate may seem like a good option, but make sure you will financially benefit from it first.
Borrow on a Budget: Getting the Cheapest Home Improvement Loans
Getting the cheapest home improvement loans isn't always easy. It can require going to several different lenders for quotes as well as several hours spent comparing the interest rates and terms of several possibilities.
Refinancing vs Line of Credit
Refinancing vs line of credit are two popular options you have when deciding the best way to take equity out of your home. Sometimes it makes sense to establish a line of credit.
Be Prepared With Your Home Equity Loan Checklist
A home equity loan can be an excellent way to obtain money in order to pay off high interest bills or consolidate your current debt into one monthly payment. A home equity line of credit is a form of revolving credit in which your home serves as collateral.
Mortgage Refinancing Companies -- Choosing The Right One
Searching for a mortgage refinance company can be a daunting task. In a moderately sized city, there could be at least several major refinancing companies and several smaller local refinancing institutions.
Mortgage Debt Elimination
The prospect of mortgage debt elimination is something that many Americans are dealing with today. If you are concerned about your current debt situation, constantly trying to eliminate debt from your life, you are not alone.
Understanding Fixed-rate Mortgages
A fixed-rate mortgage is a mortgage on which the interest rate is set for the term of the loan. Your interest rate stays the same for the term of the mortgage or for a specified period of time.
Online Mortgage in UK - Introducing the Best Mortgage Plan Across UK
Add the term 'online' and it will open for you an exhaustive assortment of opportunities. Add online to mortgage and it will have the same effect.
How To Save Money On Your Mortgage
Obtaining a home loan is arguably the most expensive transaction you'll experience in your lifetime. Therefore, getting the best home at the greatest value is an endeavor worth pursuing.
What is a Flexible Mortgage?
'Flexible mortgage' is a term that's used a lot, but what exactly does it mean? A flexible mortgage allows the borrower to make extra repayments when they have the extra money and even reduce or skip payments should the need arise.A flexible mortgage allows you to make extra payments to reduce the amount outstanding on your mortgage thereby reducing the interest you're paying or pay off your mortgage earlier than planned.
|home | site map|
|© 2006 TIGER MEDIA|