Tag Archives: fixed

Is there any advantage to getting a 15 year fixed mortgage?

Question by Spiderspider: Is there any advantage to getting a 15 year fixed mortgage? If I sent in a little more money to my current 30 year mortgage so that it was paid off on the same timetable as the … Continue reading

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Will 30 year fixed rate mortgage rates ever go down?

by kjarrett Question by Lepke: Will 30 year fixed rate mortgage rates ever go down? Everybody keeps saying that the economy needs a jump start – well, I am certainly willing to do my part and spend more once I … Continue reading

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Q&A: Would it be a good time to refinance a 6.5% fixed rate mortgage due to recent rate cuts?

Question by Keith G: Would it be a good time to refinance a 6.5% fixed rate mortgage due to recent rate cuts? I’ve only been paying the mortgage for 4 months. should I wait longer or take advantage of the … Continue reading

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With the Federal Interest rates so low can I refinance into a lower fixed rate with not so good credit?

Question by edawg32: With the Federal Interest rates so low can I refinance into a lower fixed rate with not so good credit? I bought my first home from my parents about 2 years ago. The loan at the time … Continue reading

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Q&A: How good is an interest only refinance loan fixed for 7 or ten years at 6.125 interest rate?

Question by veron: How good is an interest only refinance loan fixed for 7 or ten years at 6.125 interest rate? We bought a home in FEBRUARY of 2005 the payments are pretty high we have a fixed 30 years … Continue reading

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Is a 2 year fixed mortgage bad? I can refinance later. Am I locked in for 2 years with no refinancing?

Question by Britta G: Is a 2 year fixed mortgage bad? I can refinance later. Am I locked in for 2 years with no refinancing? Home, mortgage, 2 year mortgage, home loans, home loan mortgage, mortgage rates Best answer: Answer … Continue reading

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Is it smart to keep my home equity line as my primary mortgage or refinance to a 30 yr fixed?

Question by Dakahuna4u: Is it smart to keep my home equity line as my primary mortgage or refinance to a 30 yr fixed? The interest rate is 3.49% on the home equity line. Will this be going up soon? I … Continue reading

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I have a five year fixed mortgage (5%) that will adjust in 2010, when should i think of refinancing?

Question by mshep: I have a five year fixed mortgage (5%) that will adjust in 2010, when should i think of refinancing? Best answer: Answer by italsteel1A 5% interest rate is an excellent rate…I am assuming it is a negative … Continue reading

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Can you refinance an adjustable mortgage as a fixed mortgage?

Question by Mr. Congo: Can you refinance an adjustable mortgage as a fixed mortgage? Thankfully, my mortgage is fixed rate. For those out there who are getting pounded by their balooning adjustable payments, do they have an option to refinance … Continue reading

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Q&A: I refinanced my mortgage in April from an ARM to a 20/80 fixed, what interest can I declare?

Question by Yamster Berry’s Buddy: I refinanced my mortgage in April from an ARM to a 20/80 fixed, what interest can I declare? Can I declare the interest I paid on the mortgage before I refinanced, as well as the … Continue reading

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