Posts Tagged ‘refinance mortgage’
Your Mortgage Loan Borrower Rights
Part 1 www.HomeRefiNetwork.com wants you to know mortgage loan borrowers have important rights. I am constantly amazed by how many people take out a mortgage without understanding the process, the legal contract they are signing, their liabilities and their protections. Today’s post is meant to shed light on some of this, starting with what the…Read More
Should I Refinance
It is not unusual to consider a refinance or home equity line of credit at this time of the year. This is when all those bills come due from the holidays during the last two months. What is unusual is that today’s interest rates are near their all time low and are incredibly attractive. …Read More
Home for the Holidays with Less Stress
There’s no place like home for the holidays. There’s even a song about it. The thing is, if that home is so expensive that you are house poor, it can ruin your holidays with stress. To enjoy your home, you need to figure out how to afford it. Home refinance applications are down from last…Read More
Why Did my Bank Quote a Higher Interest Rate?
Why Did my Bank Quote a Higher Interest Rate than Advertised? Ever notice the small print next to the in-bank posters with loan interest rates? It is the bank’s way to cover itself when loan officers have to quote interest rates that are higher than those on the advertisement. Rates are not set in stone;…Read More
How to Get the Refinance by End of 2019
HomeRefiNetwork.com The rates are low, but holidays are around the corner. Is now really a good time to refinance your home? If you can save at least one percent on your interest rate and the closing costs are reasonable, yes. That said, how you proceed is important. IF you haven’t checked your credit in the…Read More
What to Know Before You Refinance
The federal reserve rate drop has enticed more homeowners to refinance their existing mortgages. Mortgage News Daily reports the refinance index increased 144 percent over the save week one year ago. Mortgage applications are up 1.5 percent from the previous week, mostly from refinance applications. Bottom line, if borrowers haven’t been able to find their…Read More
What Exactly is a Refinance?
We constantly talk about how refinance can benefit borrowers, but the term refinance seems to be a little confusing to many people. Refinancing a mortgage loan replaces the existing mortgage loan with a new mortgage loan. You may have the same lender or a new lender, but your previous mortgage loan is paid off by…Read More
Interest Rate Drop: Should I Refinance Now?
Should you refinance NOW? Sept 18, 2019, the Federal Reserve announced a federal funds rate cut of .25% or 25 basis points. The immediate results of this is that funds to banks will cost less, which hopefully will affect the interest rate your bank will offer you, as a borrower. But your bank lending rate…Read More