Tag Archives: Year

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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Is it going to be harder to refinance one year from now?

Question by Claudio F: Is it going to be harder to refinance one year from now? Our balloon mortgage is due to expire in 2 years and we have to refinance before the expiration. Is it going to be harder … Continue reading

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Can I deduct the Origination Fee from my taxes if I bought the same year I refinanced?

by USDAgov Question by Questioner: Can I deduct the Origination Fee from my taxes if I bought the same year I refinanced? I’m looking to refinance my mortgage that I started about 5 months ago. Will I be able to … 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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What are the rates for a 15 year refinance mortrgage?

by Superrad_ Question by melissa b: What are the rates for a 15 year refinance mortrgage? I currently have 5.5 % 30 year mortgage. I want to check to consider if it makes sense to refinance for a 15 yr. … Continue reading

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I am paying PMI on my mortgage. If my home value reaches 20% in less than a year can I refinance out of PMI?

Question by questions: I am paying PMI on my mortgage. If my home value reaches 20% in less than a year can I refinance out of PMI? I am a 1st time buyer / new home owner who hasn’t even … Continue reading

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Is it better to refinance a mortgage for a tax deduction or continue with my 15 year mortgage?

by Madison Guy Question by Cajun: Is it better to refinance a mortgage for a tax deduction or continue with my 15 year mortgage? I have 10 1/2 years left on a 15. Single, retired and no dependents.Pension(60,000) Does it … Continue reading

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Q&A: With the emergency rate cuts by the Fed yesterday, should I refinance my mortgage? I have a 30 year at 6.125%

by Jon Haynes Photography Question by Hickdawg: With the emergency rate cuts by the Fed yesterday, should I refinance my mortgage? I have a 30 year at 6.125% I bought in Oct 2006 with 20% down for a $ 250K … 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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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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