Refinancing a second home with Fannie or Freddie Mac doesn’t cost any more than refinancing a comparable primary home. There are no risk-based pricing adjustments for second homes. While financing an investment property at 80% of its value can add 3.75 points to your fees, that’s not the case with a second home that meets [...]
Comparing mortgage interest rates doesn’t have to make your hair stand on end (or fall out!). Starting January 1, 2010, it should be much easier to understand the terms of loans presented to you and make comparisons between mortgage products. Regulation X Means No Baiting, No Switching Changes to Regulation X mean what you see [...]
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3.70 %
3.01%
2.37%
Those in the housing industry believe they're starting to see it come back. While home prices may not have hit bottom, they all believe it's a great time to buy. Read More>>
5 good reasons to refinance your home with an FHA mortgage Should you consider cash-out refinancing?
While mortgage rates stayed low last week, fewer homeowners applied for a home refinance. One possible reason may be that home prices remain flat or have dropped in 19 of 20 cities, according to the S Read More>>
Refinancing activity slows as rates tick up Surge in home refinance applications
