Tag Archives: Rates

What are the economic implications of a massive wave of refinancing by homeowners to lower rates?

Question by Nathan: What are the economic implications of a massive wave of refinancing by homeowners to lower rates? If interest rates were to drop significantly more, say 30 YR fixed to sub 3%, and a huge percentage of homeowner … Continue reading

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Q&A: Have you refinanced your mortgage yet? Rates are going up, so do it now. Especially if have adjustable rate?

by truliavisuals Question by don1862: Have you refinanced your mortgage yet? Rates are going up, so do it now. Especially if have adjustable rate? I refinanced to a 15 year 4.6% mortgage and payments decreased by $ 250 per month. … Continue reading

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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

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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

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Why can’t you refinance a upside mortgage if you current on payments to take advantage of low interest rates?

Question by Mallory: Why can’t you refinance a upside mortgage if you current on payments to take advantage of low interest rates? I make my mortgage payments on time but mortgage is upside down. I’d like to lower my payment … Continue reading

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what mortgage company has the best refinancing rates in Ohio?

Question by : what mortgage company has the best refinancing rates in Ohio? Best answer: Answer by curse08I’m not in Ohio but it really depends on your situation. Do you have an FHA loan now or do you have an … Continue reading

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Q&A: Home owners: with mortgage rates at 2yr lows today, have you thought about refinancing?

by cogdogblog Question by Quicken Loans: Home owners: with mortgage rates at 2yr lows today, have you thought about refinancing? If not, what’s holding you back? Hope for lower rates, lack of equity, market or employment fears, or is it … Continue reading

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How can I find out when mortgage rates are at a level that would make refinancing my condo more affordable?

by haytham fox Question by elishayden: How can I find out when mortgage rates are at a level that would make refinancing my condo more affordable? Best answer: Answer by chatsplasThere are many online calculators to figure this out Rule … Continue reading

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Q&A: Are the interest rates the same between people who take a new mortgage and those who refinance?

Question by deedee: Are the interest rates the same between people who take a new mortgage and those who refinance? I want to take advantage of the decline in intest rates by refinancing my mortgage. When I search online I … Continue reading

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Will refinancing my mortgage save me money given the current rates out there?

Question by Mickey O: Will refinancing my mortgage save me money given the current rates out there? Best answer: Answer by J Mit would depend on your credit, the type of loan you want, and of course the current rates. … Continue reading

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