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Tag Archives: Interest
Can my mortgage company lower my interest rate?
Question by Jaim Jaim: Can my mortgage company lower my interest rate? We need to refinance our mortgage to lower our rate but I was wondering if our current mortgage company would actually lower the rate if we ask? We … Continue reading
When will I be able to qualify for a lower interest rate on my mortgage that has Private Mortgage Insurance?
by truliavisuals Question by Susan: When will I be able to qualify for a lower interest rate on my mortgage that has Private Mortgage Insurance? I heard there may be some relief for us millions of americans that do not … Continue reading
Is there a difference between a mortgage interest rate for a single-family compared to a two-family home?
by woodleywonderworks Question by me: Is there a difference between a mortgage interest rate for a single-family compared to a two-family home? I own a two-family home, aka duplex. I live in one unit and rent out the other. I … Continue reading
Is the interest in a mortgage payment for last month or next month?
by woodleywonderworks Question by Christy: Is the interest in a mortgage payment for last month or next month? I’m in the process of refinancing and I have a question about the breakdown of the typical mortgage payment. The amount required … Continue reading
Is is possible to refinance to a low interest rate if?
by TFHall313 Question by Roadfuzzz: Is is possible to refinance to a low interest rate if? Can I refinance to a low fixed rate if I’m upsidedown on my mortgage? I have an ARM that will adjust in a few … Continue reading
With interest rates being as low as they are, how much of a mortgage payment can I expect?
Question by Ilovemyvw: With interest rates being as low as they are, how much of a mortgage payment can I expect? I owe 61K on house I got through divorce settlement and want to consolidate that loan with a home … Continue reading
Will refinancing my auto loan to a lower monthly payment and less interest paid out, hurt my credit score?
by marsmet461 Question by BleadGreen: Will refinancing my auto loan to a lower monthly payment and less interest paid out, hurt my credit score? I’m preparing to buy a house next year and doing everything in my power to increase … Continue reading
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
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
Q&A: Can I use interest from Cash Out Refinance on tax deduction?
by J. Stephen Conn Question by Leo L: Can I use interest from Cash Out Refinance on tax deduction? I have mortgage amount in $ 50,000, and credit card debt in $ 30,000. I am planning to do cash out … Continue reading