How You Refinance Matters » Interest Rates

Should I Refinance My Mortgage This Year?

Robert Regehr — Sun, 04 Jul 2010 19:55:15 +0000

Should I Refinance My Mortgage may be easy enough question to answer; however, what you might not know could cost you thousands of your hard earned cash.

Should I Refinance My Mortgage This Year? is a post from Robert Regehr's Mortgage Refinancing Blog.

Today’s Mortgage Rates

Robert Regehr — Sat, 31 Oct 2009 23:09:15 +0000

Looking for Today's Mortgage Rates for your home? Get the shocking truth about those mortgage rate quotes you find online.

Today’s Mortgage Rates is a post from Robert Regehr's Mortgage Refinancing Blog.

Current Mortgage Rates Falling

Robert Regehr — Tue, 09 Sep 2008 19:04:41 +0000

Current mortgage rates are declining and are expected to fall further because of the Government takeover of Freddie Mac and Fannie Mae. Mortgage Rates have been rising steadily due to the recent credit crisis in the United States. Today on FOX News Warren Buffet stated that that the current mortgage rates are based on a [...]

Current Mortgage Rates Falling is a post from Robert Regehr's Mortgage Refinancing Blog.

30 Year Mortgage Rates

Robert Regehr — Thu, 17 Apr 2008 20:43:46 +0000

If you are in the process of refinancing your home and are searching for information about mortgage rates there are several things you need to know about the rate quotes you receive. Most homeowners don’t realize that 90% of the rate quotes they receive from mortgage brokers and on the Internet include commission based markup [...]

30 Year Mortgage Rates is a post from Robert Regehr's Mortgage Refinancing Blog.

Lower Mortgage Rates

Robert Regehr — Fri, 28 Dec 2007 21:09:34 +0000

If you’re in the market for a new mortgage and are searching for lower mortgage rates, there are several things you need to know about the rate quotes you receive. Many homeowners think that comparing offers from several different lenders is all they need to get the best deal; however, what most people don’t understand [...]

Lower Mortgage Rates is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing and Adjustable Interest Rates

Robert Regehr — Thu, 25 Oct 2007 20:16:06 +0000

If you used an adjustable rate mortgage to purchase your home or are considering refinancing your existing loan with an Adjustable Rate Mortgage, there are several things you need to know to protect yourself from economic uncertainty. Many homeowners view Adjustable Rate Mortgages as an unnecessary financial risk and avoid them completely. Here are several [...]

Mortgage Refinancing and Adjustable Interest Rates is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Rates and Your Credit Score

Robert Regehr — Thu, 25 Oct 2007 00:44:19 +0000

If you are considering mortgage refinancing it is well worth your time to review your credit before you contact lenders. Your credit scores influences not only the type of mortgage products you will qualify, but how much each loan will cost you. Before applying for a new mortgage it is important to review your credit [...]

Mortgage Rates and Your Credit Score is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Rates for Dummies

Robert Regehr — Mon, 24 Sep 2007 20:35:09 +0000

Mortgage interest rates are a source of confusion for many homeowners. You’ll see rate quotes published on the Internet and advertised on television, but how do you know if those rates apply to you? There are a number of factors that influence the mortgage rate you will qualify including your credit; however, many homeowners are [...]

Mortgage Rates for Dummies is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Refinance With a Wholesale Mortgage Rate

Robert Regehr — Thu, 30 Aug 2007 20:55:13 +0000

Refinancing your mortgage loan can be a stressful time for any homeowner. No one wants to pay too much when taking out a new home loan; however, most homeowners don’t fully understand how loan originators and lenders make their money. Learning how your mortgage broker is compensated for their work will not only help you [...]

How to Refinance With a Wholesale Mortgage Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Is Fixed Rate Mortgage Refinancing Right For You?

Robert Regehr — Thu, 16 Aug 2007 22:32:22 +0000

If you’re in the process of refinancing your home mortgage, you might be wondering what type of interest rate is right for you. There are two basic types of mortgage rates to choose from when refinancing your home. In a previous article I discussed the pros and cons of Adjustable Rate Mortgages; today we’ll discuss [...]

Is Fixed Rate Mortgage Refinancing Right For You? is a post from Robert Regehr's Mortgage Refinancing Blog.

What The Heck Does Annual Percentage Rate Mean Anyway?

Robert Regehr — Mon, 13 Aug 2007 17:28:54 +0000

Refinancing your home mortgage loan can be an overwhelming experience for many people. New homeowners are bombarded with acronyms and jargon like APR, ARM, GFE…at times it can be too much to handle. Today I’m going to talk about the Annual Percentage Rate (APR) and the best way to comparison shop mortgage offers when refinancing. [...]

What The Heck Does Annual Percentage Rate Mean Anyway? is a post from Robert Regehr's Mortgage Refinancing Blog.

What Every Homeowner Should Know About Yield Spread Premium

Robert Regehr — Fri, 10 Aug 2007 20:16:46 +0000

Yield Spread Premium (YSP) is a concept every homeowner in America needs to understand; however, very few people know what it is or how to a avoid it when taking out a mortgage loan. According to the Secretary of Housing and Urban Development, Yield Spread Premium is responsible for homeowners in the United States overpaying [...]

What Every Homeowner Should Know About Yield Spread Premium is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Refinance with a Wholesale Mortgage Rate

Robert Regehr — Tue, 07 Aug 2007 00:07:07 +0000

One of the best kept secrets of the mortgage industry is that your mortgage rate is marked up to give the loan originator a commission. This markup is what makes your mortgage interest rate “retail.” Most homeowners have no idea this has happened or what they can do to avoid the unnecessary markup. Here are [...]

How to Refinance with a Wholesale Mortgage Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Refinancing Mortgage Rate

Robert Regehr — Thu, 12 Jul 2007 19:24:14 +0000

Most homeowners focus solely on finding the lowest mortgage rate when refinancing their home loans. While qualifying for the lowest refinancing mortgage rate will get you a lower payment and save you money, there are a number of other fees you should not overlook. Here are several tips to help you get the best refinancing [...]

Refinancing Mortgage Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Best Refinance Mortgage Rates

Robert Regehr — Thu, 05 Jul 2007 18:06:39 +0000

If you’re a homeowner shopping for the best refinance mortgage rates and not familiar with Yield Spread Premium you’ll want to read every word of this article. Learning about Yield Spread Premium and how to avoid this unnecessary markup of your mortgage interest rate will put you ahead of 97% of homeowners and save you [...]

Best Refinance Mortgage Rates is a post from Robert Regehr's Mortgage Refinancing Blog.

Arizona Refinance Mortgage Rate

Robert Regehr — Mon, 02 Jul 2007 18:22:51 +0000

If you are an Arizona homeowner concerned with rising mortgage interest rates, you might be looking to refinance your existing mortgage, especially if your current loan is an Adjustable Rate Mortgage. Refinancing can still get you a low interest rate, if you know how to negotiate for wholesale rates. Here are several tips to help [...]

Arizona Refinance Mortgage Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Best Refinance Home Mortgage Loan Rate

Robert Regehr — Mon, 25 Jun 2007 21:19:12 +0000

People frequently find the site by typing the words “Best Refinance Home Mortgage Loan Rate” into a search engine. They’re probably searching for a rate quote; however, how many homeowners actually know what they’re looking at when they get one? Best Refinance Home Mortgage Loan Rate will get you a mortgage with Yield Spread Premium. [...]

Best Refinance Home Mortgage Loan Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Refinance Two Percent Lower

Robert Regehr — Mon, 18 Jun 2007 16:37:57 +0000

If you’re considering refinancing your home mortgage you may have heard of the “two percent rule.” This rule states you should never refinance your mortgage unless the interest rate of the new loan is at least two percent lower than the mortgage rate on your existing loan. Is the two percent rule good advice? The [...]

Refinance Two Percent Lower is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing With an Adjustable Rate Mortgage

Robert Regehr — Tue, 05 Jun 2007 20:14:12 +0000

Adjustable Rate Mortgages are as the name implies loans that have an interest rate that changes over time. You will often see these loans abbreviated as ARM loans. The interest rate you pay at any given time is based to two factors. The index your loan is tied to changes over time based on any [...]

Mortgage Refinancing With an Adjustable Rate Mortgage is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Get a Wholesale Mortgage Rate

Robert Regehr — Fri, 01 Jun 2007 20:59:23 +0000

If you are in the process of refinancing your mortgage, comparison shopping can help you find a good lender; however, if you want the lowest possible mortgage rate you need to be prepared to negotiate. Most homeowners aren’t familiar with the difference between a wholesale and retail mortgage rate so here is a brief discussion [...]

How to Get a Wholesale Mortgage Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Find the Perfect Mortgage When Refinancing

Robert Regehr — Wed, 30 May 2007 00:17:42 +0000

If you’re in the process of mortgage refinancing, comparison shopping will only get you so far. Most homeowners that focus their energy on comparison shopping simply end up with the best of the worst loan offers they consider. Here are several tips to help you negotiate for a mortgage rate that does not include Yield [...]

How to Find the Perfect Mortgage When Refinancing is a post from Robert Regehr's Mortgage Refinancing Blog.

Is Mortgage Refinancing a Good Idea?

Robert Regehr — Tue, 22 May 2007 21:28:59 +0000

If you are considering refinancing your home loan but are unsure if a new mortgage is right for your situation, there are several good reasons for taking the plunge. Many homeowners refinance because they need a lower monthly payment, to borrow against the equity in their home, or to pay less with a lower mortgage [...]

Is Mortgage Refinancing a Good Idea? is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Qualify For the Best Mortgage Rate When Refinancing Online

Robert Regehr — Tue, 08 May 2007 00:07:33 +0000

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 [...]

How to Qualify For the Best Mortgage Rate When Refinancing Online is a post from Robert Regehr's Mortgage Refinancing Blog.

Comparison Shopping Mortgage Rates Online

Robert Regehr — Wed, 02 May 2007 00:09:11 +0000

Before refinancing your mortgage it is always a good idea to shop around for the best mortgage rate; however, unless you go about it correctly you will simply be choosing the best of the worst loan offers available to you. Here are several tips to help you comparison shop and close with the mortgage rate [...]

Comparison Shopping Mortgage Rates Online is a post from Robert Regehr's Mortgage Refinancing Blog.

Home Mortgage Refinance Loan Comparison Shopping

Robert Regehr — Sat, 21 Apr 2007 20:51:04 +0000

If you’re shopping for a new home mortgage loan, the interest rate you receive is important because it helps determine your monthly payment amount. There are a number of other factors to consider when choosing a home mortgage refinance loan; here are several tips to help ensure you get a good deal and a good [...]

Home Mortgage Refinance Loan Comparison Shopping is a post from Robert Regehr's Mortgage Refinancing Blog.

Comparing Mortgage Rates Online

Robert Regehr — Wed, 18 Apr 2007 23:33:56 +0000

The Internet is an excellent resource for comparing mortgage rates. The only problem with online rate quotes is that unless you find mortgage companies and brokers that will not charge you Yield Spread Premium, the quotes you receive have been marked up unnecessarily. Here are several tips to help you compare mortgage rate quotes without [...]

Comparing Mortgage Rates Online is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Yield Spread

Robert Regehr — Fri, 30 Mar 2007 17:31:42 +0000

Yield Spread Premium is one of the least known, yet expensive mistakes homeowners make when refinancing a mortgage loan. Most homeowners have never heard of Yield Spread Premium, and if you agree to pay this markup of your mortgage interest rate when refinancing you will spend thousands of dollars unnecessarily. So what is Yield Spread [...]

Mortgage Yield Spread is a post from Robert Regehr's Mortgage Refinancing Blog.

Yield Spread Premium

Robert Regehr — Fri, 16 Mar 2007 23:40:28 +0000

If you are in the process of refinancing your home mortgage, you may encounter the term “Yield Spread Premium.” This is a controversial subject being debated in Congress and pertains to the way mortgage loans are sold in the United States. That’s right, just like a kitchen appliance, what you pay for a mortgage depends [...]

Yield Spread Premium is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing – The 2 Percent Interest Rate Rule

Robert Regehr — Fri, 09 Mar 2007 01:22:41 +0000

If you’re considering refinancing your home mortgage loan, you may have heard of the “2 percent rule of thumb.” This rule states that you should never refinance your mortgage unless the new mortgage rate is 2 percent lower than the mortgage rate you’re currently paying. The 2 percent rule is complete rubbish. The best way [...]

Mortgage Refinancing – The 2 Percent Interest Rate Rule is a post from Robert Regehr's Mortgage Refinancing Blog.

LIBOR Index – Why Does it Affect My Adjustable Rate Mortgage Payments?

Robert Regehr — Tue, 27 Feb 2007 18:11:47 +0000

If you are a homeowner who purchased your home with an Adjustable Rate Mortgage, you might wonder why your mortgage lender adjusts your interest rate based on the LIBOR index. What exactly is the LIBOR index? LIBOR stands for the London InterBank Offered Rate and is pronounced LIE-bore. The index is based on interest rates [...]

LIBOR Index – Why Does it Affect My Adjustable Rate Mortgage Payments? is a post from Robert Regehr's Mortgage Refinancing Blog.

When Should I Choose A Fixed Interest Rate Mortgage?

Robert Regehr — Thu, 22 Feb 2007 18:19:56 +0000

When it comes to mortgage interest rates, you have two basic choices, adjustable and fixed. There are several good reasons for choosing a fixed interest rate when mortgage refinancing. Here are several tips to help you decide if a fixed interest rate mortgage is right for you. When the current fixed mortgage rates are low [...]

When Should I Choose A Fixed Interest Rate Mortgage? is a post from Robert Regehr's Mortgage Refinancing Blog.

Adjustable Rate Mortgages are Not Right for Everyone

Robert Regehr — Fri, 26 Jan 2007 01:49:05 +0000

Adjustable Rate Mortgages are a gamble; if you don’t have the stomach for financial risk it’s pretty easy to find yourself in over your head. If you don’t like the idea of not knowing how much your mortgage payment will be five or ten years from now, choosing an Adjustable Rate Mortgage might not be [...]

Adjustable Rate Mortgages are Not Right for Everyone is a post from Robert Regehr's Mortgage Refinancing Blog.

Refinance Home Loan: How to Qualify For The Best Mortgage Interest Rate

Robert Regehr — Tue, 24 Oct 2006 01:01:48 +0000

If you are refinancing your home mortgage loan, there are a number of things you can do to improve the loan you get when refinancing. Here are three tips to help you qualify for a better interest rate on your home loan. I. Clean Up Your Credit Reports The interest rate you qualify for on [...]

Refinance Home Loan: How to Qualify For The Best Mortgage Interest Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates: How to Lock in a Better Rate

Robert Regehr — Fri, 15 Sep 2006 00:44:30 +0000

Shopping for the best mortgage can help you qualify for the best mortgage interest rate. Comparing loan offers can be difficult if you don’t know what to look for. Here are tips to help you compare offers and choose the best mortgage for your financial situation. When you collect loan offers try and do your [...]

Mortgage Interest Rates: How to Lock in a Better Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates: How to Qualify for the Lowest Interest Rate

Robert Regehr — Sat, 02 Sep 2006 00:17:30 +0000

The interest rate you qualify for is based on any given mortgage lender’s criteria for evaluating your mortgage application. While five different mortgage lenders may come up with five different interest rates for the same applicant, there are steps you can take to improve the interest rate you qualify for. Here are the basic areas [...]

Mortgage Interest Rates: How to Qualify for the Lowest Interest Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates Slip Lower

Robert Regehr — Fri, 01 Sep 2006 01:00:06 +0000

Mortgage Interest rates dropped again this week for the sixth consecutive time. This latest decline returns mortgage interest rates to their lowest levels since April of this year. The Federal Reserve started the decline by stopping their stair-stepper increases of short-term interest rates. Mortgage industry experts attribute the decline to the cooling housing market and [...]

Mortgage Interest Rates Slip Lower is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates Decline

Robert Regehr — Fri, 11 Aug 2006 00:20:25 +0000

Mortgage interest rates dropped for the third consecutive time this week. This drop pushed mortgage interest rates for traditional 30 year mortgages to lowest point since early April. According to a survey of national mortgage lenders the 30 year fixed rate mortgage dropped to 6.55% this week, down from 6.6% the previous week. Last April [...]

Mortgage Interest Rates Decline is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates: Understanding Your Rate

Robert Regehr — Wed, 09 Aug 2006 00:20:07 +0000

The mortgage interest rate you receive depends on a number of factors. Your credit score has a heavy influence on this interest rate. Before you apply for a mortgage loan, you need to run your credit reports and get your credit score. Your credit score is derived from the contents of your credit reports so [...]

Mortgage Interest Rates: Understanding Your Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates

Robert Regehr — Thu, 03 Aug 2006 00:33:22 +0000

Mortgage interest rates have been rising; however, it is still possible to find a good deal if you take the time to do your homework and research mortgage lenders. Here are tips to help you research mortgage interest rates and understand the numbers and terminology mortgage lenders throw at you. Research Interest Rates Start your [...]

Mortgage Interest Rates is a post from Robert Regehr's Mortgage Refinancing Blog.

Adjustable Rate Mortgages – Trouble Brewing

Robert Regehr — Tue, 09 May 2006 00:09:57 +0000

The Federal Reserve is believed to be raising short term interest rates again later this week. If it does raise interest rates this will be the 16th rate hike in less than 24 months. For homeowners with adjustable rate mortgages trouble is waiting just beyond the horizon. Mortgages with adjustable interest rates were extremely popular [...]

Adjustable Rate Mortgages – Trouble Brewing is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates This Week

Robert Regehr — Tue, 25 Apr 2006 00:21:41 +0000

Mortgage interest rates for a traditional 30 year fixed rate mortgage crept up to the highest levels in four years this week. A fixed 30 year mortgage averages 56.54% this week. It has not been this high since the summer of 2002. This week 15 year fixed rate mortgages are also up; a fixed rate [...]

Mortgage Interest Rates This Week is a post from Robert Regehr's Mortgage Refinancing Blog.

Paying Points on Your Mortgage

Robert Regehr — Thu, 20 Apr 2006 23:09:59 +0000

Mortgage lenders often quote interest rates based on points paid upfront. What are mortgage points, and how do they work? A point is a fee that amounts to one percent of the total home loan amount. There are discount points and origination points; origination points are fees that vary by lender. Some lenders may quote [...]

Paying Points on Your Mortgage is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates on the Rise

Robert Regehr — Sat, 15 Apr 2006 00:38:00 +0000

Mortgage interest rates rose this week to their highest levels since the summer of 2002. According to a survey of national mortgage lenders the average interest rate on a 30 year, fixed rate mortgage crept up to 6.49% this week. Last week this 30 year mortgage fixed interest rate averaged 6.43%. Mortgage analysts believe interest [...]

Mortgage Interest Rates on the Rise is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates This Week

Robert Regehr — Fri, 07 Apr 2006 00:40:28 +0000

Mortgage interest rates rose this week for the second consecutive week. According to a survey of national mortgage lenders both 30 and 15 year fixed interest rate mortgages are on the rise. Interest rates for 30 year fixed rate mortgages average 6.43% this week. This is up from 6.35% last week. A 15 year fixed [...]

Mortgage Interest Rates This Week is a post from Robert Regehr's Mortgage Refinancing Blog.

Paying Points for a Lower Mortgage Interest Rate

Robert Regehr — Sat, 01 Apr 2006 00:43:15 +0000

Mortgage Points are pre-paid interest payments made to your mortgage lender at closing. A point is 1% of the mortgage loan value. If your lender requires you to pay 3 points on a $150,000 mortgage for example, your payment would be $4,500.00 Points are a fee you pay in exchange for a lower interest rate. [...]

Paying Points for a Lower Mortgage Interest Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates Drop Again

Robert Regehr — Wed, 29 Mar 2006 20:10:09 +0000

Interest rates for 30 year fixed mortgages dropped again for the second consecutive week. Mortgage interest rates have been at their highest levels for over 2 years. Fixed interest rates for a 30 year loan slipped to 6.3%; the highest levels during the month of March had been 6.44%. Fifteen year fixed rate mortgages dropped [...]

Mortgage Interest Rates Drop Again is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates Drop – Foreclosures Rise

Robert Regehr — Sat, 25 Mar 2006 06:17:39 +0000

Did you refinance your mortgage loan last year? If so, don’t forget to deduct any points you prepaid for interest on your 2005 tax return. The points you pay are pre-paid interest; you pay up front to receive a lower interest rate. The good news for you is these points are a deduction on your [...]

Mortgage Interest Rates Drop – Foreclosures Rise is a post from Robert Regehr's Mortgage Refinancing Blog.

Lower Your Mortgage Interest Rate

Robert Regehr — Wed, 15 Mar 2006 03:50:12 +0000

Every homeowner loves saving money. You can save a substantial sum of money over the life of our mortgage by refinancing to a lower interest rate. If you have been unsure about refinancing because you might move within the next five years, there are still options to save you money. Your Credit Score A solid [...]

Lower Your Mortgage Interest Rate is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates Up This Week

Robert Regehr — Sat, 11 Mar 2006 05:27:58 +0000

Mortgage interest rates are up to their highest levels in over two years. According to a survey of one national mortgage lender interest rates for fixed, 30 year, traditional mortgages rose to 6.37% this week. This is up from 6.24% last week and the highest mortgage interest rate since the fall of 2003. Inflationary concerns [...]

Mortgage Interest Rates Up This Week is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Interest Rates Drop Again

Robert Regehr — Fri, 03 Mar 2006 06:03:44 +0000

Mortgage Interest rates are down again this week for the second week in a row. This is according to a survey of one national mortgage lender. Freddie Mac stated that mortgage interest rates for a traditional, fixed rate, 30 year mortgage are down to 6.24% this week from 6.26% last week. The highest this rate [...]

Mortgage Interest Rates Drop Again is a post from Robert Regehr's Mortgage Refinancing Blog.