Tag Archives: Interest

Q&A: Is there any way that a fixed-rate mortgage’s interest rate could be raised?

by Strangeless Question by Brandon S: Is there any way that a fixed-rate mortgage’s interest rate could be raised? I know the term “fixed-rate” means that the interest rate could not be raised theoretically, but are there clauses in the … Continue reading

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Why does the Government keep saying we are able to refinance our homes at a low rate of interest, when they?

Question by Sandee: Why does the Government keep saying we are able to refinance our homes at a low rate of interest, when they? have raised the FHA– PMI (mortgage insurance) up so high that the cost of it offsets … Continue reading

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How can I find out if my town qualifies as a “high-cost” area for “conforming jumbo” interest rates?

Question by opienzip: How can I find out if my town qualifies as a “high-cost” area for “conforming jumbo” interest rates? I want to refinance a house but it’s not worth it unless I can get a “conforming jumbo” mortgage … Continue reading

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What to expect to pay in closing on a refi & at what interest rate?

by mortgagepaymentplan Question by lindsay: What to expect to pay in closing on a refi & at what interest rate? I want to refinance to get low interest on a 2nd mortgage I have. I owe 36K on the first … Continue reading

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Q&A: How do I go about getting my mortagage co to reassess my interest rate without charging me fees?

Question by MELANIE G: How do I go about getting my mortagage co to reassess my interest rate without charging me fees? I have a friend who’s mortgage co “reassessed” her rate to a lower one, and did not charge … Continue reading

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How low can we expect interest rates to go? I am thinking about refinancing within the next 6 – 12 mos.?

by woodleywonderworks Question by ricko: How low can we expect interest rates to go? I am thinking about refinancing within the next 6 – 12 mos.? I currently have a mortgage loan at 5.75% opened in 2003 for 165,000 and … Continue reading

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Q&A: I want to buy a new home and keep my old one. Should I refinance old home for better interest rate?

by Strangeless Question by Legallyblonde: I want to buy a new home and keep my old one. Should I refinance old home for better interest rate? I am considering purchasing a new home in a few months, but would like … Continue reading

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Should I refinance my mortgage interest rate?

Question by Springstorm: Should I refinance my mortgage interest rate? Should I refinance my interest rate on my home mortgage? I have been in my home for 9 years and an employee from Chase finance (Chase is my current lender) … Continue reading

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My ex wife got the house, but the mortgage is in my name and she refuses to refinance. Can I deduct interest?

by Jim Carson Question by Tim Welch: My ex wife got the house, but the mortgage is in my name and she refuses to refinance. Can I deduct interest? I checked the mortgage lenders 1099 IRS form, and I am … Continue reading

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Is there a way to modify/refinance opportunities if you do not have hardships, if your in 5/1ARM interest loan?

Question by : Is there a way to modify/refinance opportunities if you do not have hardships, if your in 5/1ARM interest loan? I currently have a 5/1 ARM interest only loan on my home, I have been in the home … Continue reading

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