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Tag Archives: drop
Anyone think mortgage rates will drop further or have they bottomed out?
by USDAgov Question by chitownlifer: Anyone think mortgage rates will drop further or have they bottomed out? Want to refinance 1st mortgage which is currently at 6.65 % and 2nd mortgage is at 8.88%. Best answer: Answer by pinkyDon’t ask … Continue reading
how much should the interest rate on my mortgage drop before refinancing?
Question by stubby: how much should the interest rate on my mortgage drop before refinancing? Best answer: Answer by shama mEven one percent makes a difference! 2 is good- 3 percent is rare, but if you started out at, say, … Continue reading
Mortgage Refinancing and Fed Rate Drop?
by rcarver Question by JPA: Mortgage Refinancing and Fed Rate Drop? The Fed is expected to drop interest rates again soon (50 basis points, maybe as much as 75 basis points). How is that likely to affect the mortgage refinance … Continue reading
Is it worth refinancing your mortgage for only 1% interest drop?
by ILPeoplesAction Question by newgrampa: Is it worth refinancing your mortgage for only 1% interest drop? After 25 years same location, I am considering refinancing thru the same lender. I will save $ 300 per month, but extending loan out … Continue reading