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Mortgage Refinancing Articles

May 2007

The Best Reasons for Mortgage Refinancing

May 14, 2007

Mortgage refinancing offers several ways to pay off debts and reduce the burden on your monthly budget. Refinancing your mortgage could allow you to lower your monthly payments and pay off your credit cards and other high interest debts. Borrowing against the equity in your home could even allow you to purchase a new car. [...]

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Is No Fee Mortgage Refinancing a Gimmick?

May 11, 2007

Bank of America recently announced that their no fee mortgage is now available nationwide. Are no fee mortgages simply a marketing gimmick? Before you rush over to the nearest branch there are a few things you need to know about bank originated mortgage loans. No cost mortgage loans come with above market interest rates to [...]

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Mortgage Refinancing Pitfalls

May 9, 2007

If you are considering refinancing your mortgage there are a number of pitfalls that lead to overpaying. These problems range from not checking your credit before applying to accepting a mortgage that includes Yield Spread Premium. Here are several tips to help you avoid common mortgage mistakes. I. Carrying Too Much Debt One of the [...]

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How to Qualify For the Best Mortgage Rate When Refinancing Online

May 7, 2007

Everyone loves a good deal and qualifying for the lowest mortgage interest rate can save you a pile of cash over the life of your mortgage loan. There are however, a number of problems that come up when refinancing online and if you’re not careful result in overpaying thousands of dollars. Here are several tips [...]

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California Refi

May 4, 2007

Have you tried searching the Internet for “California Refi” lately? You’re bound to find hundreds of websites competing for your contact information; however, there is very little value on these websites. Mortgage lenders want California homeowners to overpay when refinancing; the more you pay for the new loan, the higher their profit margins. Doing your [...]

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