Posts tagged as:

origination fee

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Origination Fee and Points

February 21, 2009

Here are several tips to help you avoid excessive points and fees when refinancing AND save you thousands of dollars in the process.

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How to Refinance With the Best Mortgage Rates

November 30, 2008

If you’re considering refinancing your home mortgage you may be concerned about how to refinance without getting ripped off. According the Secretary of Housing and Urban development homeowners in the United States overpay nearly sixteen billion dollars every year in the form of junk fees and unnecessary mortgage rate markup.
Here are several [...]

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Current Mortgage Rates

January 8, 2008

If you’re in the process of refinancing your mortgage loan researching current mortgage rates won’t save you a dime unless you fully understand how mortgage rates are quoted. The rate quotes you collect on the Internet and by calling around from the yellow pages are retail quotes that include commission based markup. If you [...]

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Mortgage Points

August 29, 2007

Points on a mortgage loan can be one of the most confusing aspects of financing your home. The process of taking out a mortgage is intimidating enough…throw in unfamiliar jargon and fees and you’ve got a recipe for financial nightmares. Points on a mortgage loan come in two flavors and depending on the [...]

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Point Mortgage Help: Should You Pay Discount Points?

January 16, 2007

What is a “Point” and should you consider paying points for your new mortgage loan? Points come in two varieties; however, for both types, one point is one percent of your loan amount. Suppose you were borrowing $200,000 with your mortgage loan, one point in this case would be $2,000. [...]

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