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With rates trending down during the past few weeks I have been refinancing my home. Like millions of other homeowners, I regard refinancing with mixed feelings -- lower rates are wonderful but the details and requirements associated with the process seem endless and numbing....
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Well folks, for those of you who attempted and failed to reach a loan officer to inquire about refinancing, it's a safe bet that if you try again today, you'll reach a loan officer immediately.
Statistics don't lie. Refinance volume is down by 75 percent from the historic...
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Everything in real estate is negotiable," according to the industry, but right now it could be tough to put the squeeze on mortgage brokers and lenders.
That means shopping around for the best mortgage still requires time and energy.
The slip in refinancing brought on...
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Let’s see. Do I want to refinance now or wait until I finish with my home improvements? Or do I go ahead and get a construction loan, complete my addition, then refinance both my mortgages when the addition is complete? Do I need the value of my new addition to increase my...
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We are in a refinance boom. Mortgage interest rates are now at their all time low, and homeowners all over this country are taking advantage of these low rates by refinancing their existing home mortgage.
In the midst of this boom, the Internal Revenue Service has just...
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Is it too late to refinance?
The question could be "Is it too early to refinance?" given the continued slide in interest rates. In Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.05 percent, with an average 0.7 point, for the...
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