Tag Archives: Interest

Q&A: I am looking for the best mortgage company for a refinance. Two criteria, low interest rate and low fees.?

Question by *: I am looking for the best mortgage company for a refinance. Two criteria, low interest rate and low fees.? Does anyone have any suggestion? Where to look, what to stay away from or tricks of the trade. … Continue reading

Posted in Q&A | Tagged , , , , , , , , | 6 Comments

When should I search for refinancing on loan with high interest and an ARM with penalties?

Question by imcurious: When should I search for refinancing on loan with high interest and an ARM with penalties? I’m trying to fix my credit; my ARM expires in May on my house mortgage. I pay over 8%. There is … Continue reading

Posted in Q&A | Tagged , , , , , , | 3 Comments

Why do I have to pay the full month of interest when refinancing an FHA loan if paid prior to the end of month?

by marsmet526 Question by Brian G: Why do I have to pay the full month of interest when refinancing an FHA loan if paid prior to the end of month? I am refinancing my FHA mortgage to a conventional loan. … Continue reading

Posted in Q&A | Tagged , , , , , , | Leave a comment

How do I get a better Interest Rate on my Mortgage without paying a Refinance Fee?

by J. Stephen Conn Question by thetaxi_bo475: How do I get a better Interest Rate on my Mortgage without paying a Refinance Fee? I have heard that I can get a better rate on my Mortgage without having to pay … Continue reading

Posted in Q&A | Tagged , , , , , , | 2 Comments

Can interest for a Home Equity Installment Loan be deducted the same as a standard mortgage?

by marsmet526 Question by Tom B: Can interest for a Home Equity Installment Loan be deducted the same as a standard mortgage? I can refinance with minimal closing costs compared to traditional refinancing with a mortgage if I use a … Continue reading

Posted in Q&A | Tagged , , , , , , , , | 1 Comment

Q&A: How long will it take the latest 3/4% interest rate cut to affect the mortgage and loan companies rates?

by stirwise Question by Cobabeology: How long will it take the latest 3/4% interest rate cut to affect the mortgage and loan companies rates? With the Fed’s decision to cut interest rates, I understand that banks will follow suit and … Continue reading

Posted in Q&A | Tagged , , , , , , , , , , | 2 Comments

Should I refinance my mortgage interest rate?

Question by : 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

Posted in Q&A | Tagged , , , , | Leave a comment

Q&A: How long do you have to pay on an existing mortgage before you refinance for a lower interest rate?

Question by Heather A: How long do you have to pay on an existing mortgage before you refinance for a lower interest rate? I have not yet bought a home but I am curious what effects refinancing. Is it based … Continue reading

Posted in Q&A | Tagged , , , , , , , | 3 Comments

Q&A: What should I do to get lower interest rates when I get a mortgage refinance loan?

Question by Joshua E: What should I do to get lower interest rates when I get a mortgage refinance loan? Best answer: Answer by sporregarYou have to shop around for the best one. That’s not saying they will be less … Continue reading

Posted in Q&A | Tagged , , , , , , | 3 Comments

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

Posted in Q&A | Tagged , , , , , , , | Leave a comment