How You Refinance Matters » Adjustable Rate Mortgage

Beware Common Mortgage Mistakes That Cost You Thousands of Dollars

Robert Regehr — Sat, 01 Oct 2011 14:58:47 +0000

Common mortgage mistakes steal the benefit you deserve from refinancing your home; here's you can avoid paying one red cent more than necessary.

Beware Common Mortgage Mistakes That Cost You Thousands of Dollars is a post from Robert Regehr's Mortgage Refinancing Blog.

Fixed Rate vs. Adjustable Rate Mortgage Refinance?

Robert Regehr — Sun, 17 Jul 2011 15:47:32 +0000

If you’re considering a mortgage refi you might be tempted to choose an ARM to take advantage of interest rates below 4%. Are the risks worth the short-term benefits of an Adjustable Rate Mortgage? Here’s an article from Investor’s Business daily weighing in on the pros and cons of Adjustable Rate Mortgage loans: It’s harder [...]

Fixed Rate vs. Adjustable Rate Mortgage Refinance? is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing in 2009

Robert Regehr — Sat, 07 Mar 2009 23:13:46 +0000

Deciding if mortgage refinancing is the right decision could save you from an expensive mistake; here are several tips to help you decide and save thousands in the process.

Mortgage Refinancing in 2009 is a post from Robert Regehr's Mortgage Refinancing Blog.

Adjustable Rate Mortgage Refinancing

Robert Regehr — Fri, 14 Nov 2008 01:40:34 +0000

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 [...]

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

Fixed Rate versus Adjustable Rate Mortgage Loan When Refinancing

Robert Regehr — Thu, 13 Nov 2008 02:42:31 +0000

Many homeowners favor fixed rate mortgage loans because they need a monthly payment that will not change over the life of their loan. While it’s true that Adjustable Rate Mortgages are typically lower there is the risk of payment shock. Here are several tips to help you choose the right mortgage while minimizing your risk. [...]

Fixed Rate versus Adjustable Rate Mortgage Loan When Refinancing is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Government Help

Robert Regehr — Sat, 13 Sep 2008 20:30:41 +0000

If you are a homeowner with an adjustable rate mortgage that you soon will not be able to afford and are considering government help, there are several things you need to know about these loans. The program you should consider for mortgage government help is known as FHASecure. Here are the facts you need to [...]

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

Interest Only Mortgages

Robert Regehr — Thu, 17 Jan 2008 23:09:15 +0000

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 [...]

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

Is It Time to Refinance Your Adjustable Rate Mortgage?

Robert Regehr — Tue, 27 Nov 2007 21:43:45 +0000

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 [...]

Is It Time to Refinance Your Adjustable Rate Mortgage? 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.

Interest Only Refinance

Robert Regehr — Mon, 01 Oct 2007 23:44:23 +0000

If you are considering refinancing your mortgage with an interest only mortgage there are several things you need to know to minimize your risk and avoid paying too much. When used correctly interest only mortgages can give you a lower monthly payment; however, with any Adjustable Rate Mortgage there is always the risk of payment [...]

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

FHA Secure Frequently Asked Questions (FAQ)

Robert Regehr — Tue, 25 Sep 2007 23:06:45 +0000

I have been answering a number of questions regarding President Bush’s expansion of the FHA loan program with FHA Secure. I’ve decided to consolidate these questions into an FHA Frequently Asked Questions (FAQ) that will be updated frequently as the program develops. Who is FHASecure Intended to Help? There are currently just over two million [...]

FHA Secure Frequently Asked Questions (FAQ) is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Avoid Adjustable Rate Mortgage Payment Shock

Robert Regehr — Sat, 22 Sep 2007 00:01:39 +0000

If you’re concerned about your mortgage payment amount when the lender resets your Adjustable Rate Mortgage, there are several ways to protect yourself from payment shock. What is payment shock? Imagine waking up one day to a statement from your mortgage lender showing that your payment amount has gone up $650 and you can no [...]

How to Avoid Adjustable Rate Mortgage Payment Shock is a post from Robert Regehr's Mortgage Refinancing Blog.

Interest Only Mortgage Loans Explained

Robert Regehr — Fri, 14 Sep 2007 19:24:08 +0000

Interest-only mortgage loans are a source of confusion for many homeowners. If you need the lowest possible payment while minimizing your risk of payment shock, an interest-only mortgage could be your answer. Here are the basics you need to understand about interest-only Adjustable Rate Mortgages (ARM) to make an informed decision and minimize your risk [...]

Interest Only Mortgage Loans Explained is a post from Robert Regehr's Mortgage Refinancing Blog.

Pros and Cons of Adjustable Rate Mortgage Refinancing

Robert Regehr — Mon, 30 Jul 2007 17:25:07 +0000

For many homeowners Adjustable Rate Mortgages have a bad name and are overlooked completely when refinancing. While it’s true that Adjustable Rate Mortgages are riskier than their Fixed Rate counterparts, when used properly they can save you thousands of dollars. Here are several tips about the pros and cons of Adjustable Rate Mortgages to help [...]

Pros and Cons of Adjustable Rate Mortgage Refinancing is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Choose The Right Mortgage Rate When Refinancing

Robert Regehr — Thu, 19 Jul 2007 19:37:46 +0000

If you are in the market to refinance your mortgage the type of interest rate you should choose depends on your situation. If you can afford a higher monthly payment and plan on keeping your home for at least seven years or if you have little tolerance for financial risk, consider a fixed interest rate [...]

How to Choose The Right Mortgage Rate When Refinancing is a post from Robert Regehr's Mortgage Refinancing Blog.

Interest Only Mortgage Refinancing

Robert Regehr — Mon, 16 Jul 2007 22:56:40 +0000

Interest only mortgage loans are as their name implies loans where the payment is based only on the interest due for a given month. This type of loan has payments that are interest only for a specified period of time, typically five to ten years. At the end of the interest only period your loan [...]

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

Mortgage Refinancing Information – Beware the Risks of Interest Only Mortgage Loans

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.

Adjustable Rate Mortgage Refinancing

Robert Regehr — Sat, 26 May 2007 22:47:39 +0000

In recent years homeowners had little choice when refinancing their loans beyond the traditional 30 year fixed interest rate mortgage. Today, Adjustable Rate Mortgages offer a variety of choices for every financial situation. Personal finances in the United States are different today than in the past; homeowners move and change jobs much more frequently than [...]

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

The Best Reasons for Mortgage Refinancing

Robert Regehr — Mon, 14 May 2007 22:15:02 +0000

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. [...]

The Best Reasons for Mortgage Refinancing is a post from Robert Regehr's Mortgage Refinancing Blog.

Adjustable Rate Mortgages for the Short Term

Robert Regehr — Sat, 03 Mar 2007 01:19:02 +0000

The shorter the amount of time you plan on keeping your home, the more sense it makes to refinance with an Adjustable Rate Mortgage. If you plan on selling your home within seven years, you can’t beat the introductory rates offered by 5/25 and 7/23 Adjustable Rate Mortgages. These types of Adjustable Rate Mortgages have [...]

Adjustable Rate Mortgages for the Short Term 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.

How Do Adjustable Rate Mortgages Work

Robert Regehr — Wed, 21 Feb 2007 00:49:59 +0000

Understanding how Adjustable Rate Mortgages work before you borrow will help you avoid a disastrous mistake with your home loan. When evaluating Adjustable Rate Mortgages there are four factors you need to consider. Here are the basics of Adjustable Rate Mortgages you need to understand prior to applying. There are four parts to every Adjustable [...]

How Do Adjustable Rate Mortgages Work 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.

Mortgage Refinancing: Watch out for Teaser Rates on Adjustable Rate Mortgage Loans

Robert Regehr — Thu, 28 Dec 2006 00:42:06 +0000

Are you considering mortgage refinancing with an Adjustable Rate Mortgage? If so, you will undoubtedly run across some very competitive mortgage rates. Are these low rates really a good deal? They could be a good deal, but maybe not. Here are several things to lookout for when mortgage refinancing with an Adjustable Rate Mortgage. Teaser [...]

Mortgage Refinancing: Watch out for Teaser Rates on Adjustable Rate Mortgage Loans is a post from Robert Regehr's Mortgage Refinancing Blog.