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Adjustable Rate Mortgage Refinancing

November 13, 2008

Adjustable rate mortgages were an extremely popular home loan during the mortgage boom. These loans offered lower monthly payments and easy qualification compared to fixed rate mortgages. The boom ended and many homeowners facing adjustments in their loans could no longer afford their payments and could not refinance their loans. If you are in a [...]

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Interest Only Mortgages

January 17, 2008

If you are in the process of refinancing and are considering interest only mortgages, there are several things you should know to reduce your risk. Interest only mortgages are suitable for homeowners that need a low monthly payment for a short period of time; however, these loans are often abused by people who don’t understand [...]

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Is It Time to Refinance Your Adjustable Rate Mortgage?

November 27, 2007

If you are a homeowner paying on an Adjustable Rate Mortgage, refinancing could help you avoid a financial nightmare. Many homeowners don’t know when their Adjustable Rate Mortgages are scheduled to reset and experience payment shock when their monthly payment goes up by several hundred dollars. Here are several tips to help you manage your [...]

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Chuck: One thing is for sure and that is now is a great time to drop your rate no matter what kind of loan you have. Also a great time to buy a...
Kathie: It is now Jan. 24, 2012 and I still cannot find a bank implementing the HARP II rules. Are there any? I qualify but need the higher LTV...
chandaniel: I like the valuable info you provide in your articles about home refinance. I’ll bookmark your weblog and check again here frequently....
Dayna Paeper: I would like to refinance my home. I have went thru a divorce and trying to get my life back on track with my kids.