While the home refinancing steps in general are pretty much the same for everybody, there are always little differences, depending on who your new mortgage lender is, and the lender or lenders who will be paid out of your current loans. As a borrower, it is very important that you understand the home refinancing steps.A [...]
Posts Tagged ‘Loans’
May 19th, 2010
Home Refinancing Steps
April 30th, 2010
To Refinance or not to Refinance – Here is the Answer
I have written many articles on refinancing a fixed rate mortgage to an adjustable rate mortgage. I have helped people cut as much as $800 off their monthly payments by turning their high fixed rate mortgage loan into a much lower ARM. This may be the time, however, to put the strategy in reverse, especially [...]
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No Comments »April 2nd, 2010
Three Rules of Thumb for Mortgage Refinancing
You might think that deciding to refinance a mortgage requires only a quick comparison of loan interest rates. Unfortunately, that’s not really true. Refinancing is trickier than that! Fortunately, three useful rules of thumb can often help you make sense of refinancing opportunities.Rule 1: Don’t Ignore Total Interest CostsYou really want to use refinancing as [...]
Posted in Article Tags: Annual Percentage Rate, Annual Percentage Rates, Apples To Apples, Apples To Apples Comparison, Cheap Money, Economic Sense, Interest Costs, Loan Balance, Loan Interest Rate, Loan Interest Rates, Loan Rates, Loans, Mortgage Refinancing, Principle, Refinance Mortgage, Rule 1, Rules Of Thumb, Saving Money, T Pay, Term Period No Comments »