The average American homeowner refinances their mortgage every four years. Why not just get a mortgage and stick with it like your parents did you ask? Homeowners are finding that as their financial situations change due to higher incomes and better credit, doors are opening to them that may have been closed before. This is [...]
Posts Tagged ‘Bad Credit Loan’
November 19th, 2009
Bad Credit Refinancing
Bad Credit Refinancing – Because banks charge high interest rates on loans made to homeowners with bad credit, these homeowners often have no intention of keeping the loan for more than a year or two. They plan on refinancing their mortgages to a lower rate at least once more when they have repaired their credit [...]

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