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Mortgage Refinancing Articles
Mortgage Rate
February 12, 2008
Locking in your mortgage rate can be a source of confusion and frustration for many homeowners. When and how do you lock in your mortgage rate? How do you know that your mortgage broker really locked in your rate? Mortgage rates change on a daily even hourly basis; if you miss the opportunity to lock [...]
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January 30, 2008
The Federal Reserve Cut Interest Rates Again Today For The Second Time In Eight Days…Should You Refinance Your Mortgage Now? With all the talk of interest rate cuts refinancing has become a hot topic for many homeowners. Here are the answers to several common questions regarding the current rate cuts and deciding if taking out [...]
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January 23, 2008
Mortgage Rates fell again today, down to 5.0% from yesterday’s 5.25% …this is the lowest that mortgages rates have been since 2004. Can you find a rate like this shopping online or from your bank? The short answer is no, never. Rate quotes you receive online all have retail markup and banks never quote wholesale [...]
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January 11, 2008
The average homeowner in the United States refinances every four to five years for a variety of different reasons. Many people refinance to lower their mortgage rate; however, consolidating bills or borrowing cash are also good reasons for refinancing. Is mortgage refinancing right for you? Here are several tips to help you decide if mortgage [...]
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December 3, 2007
The mortgage quotes you receive when shopping for a new lender do not give you the actual interest rate you qualify when refinancing. The rate quotes you get are “retail” mortgage quotes that include unnecessary commission based markup. Here are several tips to help you understand how mortgage rates are quoted so you can refinance [...]
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