How Barack Obama’s housing plan might help you – Hartford Courant A Strapped borrowers who have existing conforming loans can apply for a refinance through their existing lender. If they meet the program requirements, including that they occupy the home and can document their income, their lender may be able to … Mortgage applications climb [...]
Is Re-Financing Worth the Hassle?
February 10, 2009 By Leave a Comment
Is Re-Financing Worth the Hassle? There are a few reasons for one considering refinancing a mortgage. Some people think that it is the best way to consolidate debt and some find mortgage refinance as a way to liquidate equity by applying for Cash-Out-Refinance. Refinancing, especially with bad credit may not be solution for your situation [...]
Is Re-Financing Always Worthwhile?
February 3, 2009 By Leave a Comment
Is Re-Financing Always Worthwhile? Refinancing is always an option, but it does not always make good financial sense for everyone. This is a very significant question which all householders should ask themselves both at the beginning and towards the end of the process of re-financing. The answer to this question may spur the householder to [...]
Is It Time to Re-Finance?
January 27, 2009 By Leave a Comment
Is It Time to Re-Finance? There are times when it makes sense to refinance your mortgage. It’s important to have a clear financial objective in mind so that you’re more able to choose the most appropriate loan. Ultimately, the decision is up to you to decide when it’s best for you to refinance, based on [...]
Latest News in Refinancing Home Mortgages – Jan 22, 2009
January 22, 2009 By Leave a Comment
Falling interest rates spark increase in mortgage applications – Tampa Bay Bu… Michael Kelleher, loan officer for Residential Finance, takes a client call. Home refinancings are proving to be a bright spot in a tough banking market. With interest rates at near-record lows, mortgage applications have been increasing in numbers … Mortgage applications drop as [...]
Does It Pay to Re-Finance?
January 13, 2009 By Leave a Comment
Does It Pay to Re-Finance? Refinancing your mortgage can be an excellent opportunity to save money and get better terms on your home loan. But while refinancing can mean big savings in the medium to long term, it does carry a number of upfront costs. This is a question many householders may have when they’re [...]
Choosing a Lender
December 30, 2008 By Leave a Comment
Choosing a Lender Buying a new home or refinancing the mortgage on an existing home is a big step. You can take some of the stress out of getting a mortgage by choosing the right mortgage lender for your specific situation. Selecting a loaner is a very important part of the process of re-financing a [...]
Latest News in Refinancing Home Mortgages – Dec 11, 2008
December 11, 2008 By Leave a Comment
Mortgage rates foreseen under 4% – Baltimore Sun WASHINGTON Government efforts to provide easier credit to consumers and to help housing finance companies could push mortgage rates “well below 4 percent,” a federal regulator said yesterday. James Lockhart, whose agency oversees government … Bernanke Urges Home Loan Help – Washington Post The government needs to [...]
Benefits of Re-Financing
December 9, 2008 By Leave a Comment
Benefits of Re-Financing Refinancing may be a good financial decision if you can seize its benefits but sometimes, its benefits may fade due to external or internal factors. There are a number of profits which possibly associated with re-financing a house. Though there are a few situations where re-financing isn’t the right decision, there are [...]
December Home Maintenance Tips
December 6, 2008 By Leave a Comment
The home maintenance projects for December involve regular upkeep and well as some preparation for the deep winter. December Home Maintenance Projects These projects that are ideally undertaken in or around December: 1. Clean lint from clothes dryer vent, from the dryer drum to where the air is vented outdoors. 2. Service clothes dryer, cook [...]
