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Refinance a Mortgage and Save Big

Whenever interest rates are low or even drop, as they sometimes do when Alan Greenspan gets a little out of hand, homeowners might have the opportunity to save money. Lower interest rates generally translate into lower mortgage loan rates, and refinancing your mortgage at a lower rate can save you a few bucks on every [...]

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Mortgage Refinance Fee Limits

In a victory for consumer advocates and the state, a federal appellate court ruled Friday that California’s limits on mortgage interest charges are not preempted by federal law. The ruling reverses a decision made more than two years ago by U.S. District Judge Garland E. Burrell Jr. in Sacramento. He found that California’s so-called “per [...]

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Mortgage Refinance Still a Bargin

Rising mortgage interest rates are supposed to be an economic sedative, but the hyperactive real estate market has retained its vigor even as the prime lending rate has climbed to a nearly four-year high.

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Refinance a Mortgage: Pitfalls

Fair Lending Is Required by Law. The Equal Credit Opportunity Act prohibits lenders from discriminating against you.

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Shop Around for the Best Mortgage

Shopping around for a home loan will help you to get the best financing deal. Any mortgage, whether its a home purchase, a refinancing, or a home equity loan, is a product, just like a car, so the price and terms may be negotiable. You’ll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars.

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