Many homeowners have decided a new home loan should be part of their financial resolutions for 2012, as mortgage applications for a home refinance rose last week. The Mortgage Bankers Association (MBA) reported a sharp increase in the number of applications for mortgage refinancing during the week ending December 2, up 15.3 percent over the [...]
CoreLogic, a provider of mortgage data, released data on November 29 showing that 22.1 percent of all homeowners with a mortgage owed more than the value of their home during the third quarter of 2011. This represents a slight decrease compared to the previous quarter. Underwater homeowners have been unable to refinance into lower mortgage [...]
Low mortgage rates offer several options for homeowners with enough equity to refinance. While the most popular option for homeowners is to reduce their monthly mortgage payment with a home refinance, some borrowers choose instead to shorten their loan term to pay off their entire loan more quickly. According to Freddie Mac, 95 percent of [...]
Mortgage applications for a home refinance rose by 1.3 percent for the week ending October 7, 2011 compared to the previous week, according to the Mortgage Bankers Association (MBA). Government-insured FHA refinance applications rose by nearly ten percent last week. If you have been watching mortgage refinancing rates drop in recent months and been frustrated [...]
The new GFE is expected to save borrowers an average of $700 per mortgage transaction, according to HUD. It makes shopping for a mortgage refinance easier and more transparent, putting the terms of your home loan upfront where you can easily see them, and including a worksheet to compare different home loans. But many lenders [...]
Are you sick of all the advertisements proclaiming that interest rates are under 5%, when you can’t get anything lower than 6.5%? Jumbo lenders feel your pain, and there may be a way around it. Your Big Fat Mortgage Refinance What can you do to get a lower interest rate today on a jumbo mortgage? [...]
A traditional refinance, a Home Affordable Refinance Program (HARP) refinance, a Home Affordable Modification Program (HAMP), or a non-government modification–these are all options for improving your mortgage interest rate. But which is right for you? The HAMP program offers the best deal if you qualify–think of it as a refinance with a rate as low [...]
Need A Free, No Obligation Quote From a Top Mortgage Broker?
Even if you know the dangers of mortgage refinancing and how to pick the best mortgage broker, picking a mortgage broker can be a difficult and daunting task. That's why we decided to do the hard work for you.
Our team of researchers looked at the all the online brokers in the US and tested their ability to provided a honest and exceptional service. Above all we looked for ethical practices and a dedication to getting the best deal for their customers.
To get a free, no obligation, quote just fill the form below and click start now.
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
