Mortgage Refinancing

Home Mortgage Refinance and Mortgage Refinancing

Home mortgage refinancing is a popular means for homeowners to save money. Home mortgage refinancing is obtaining a new mortgage to pay off an existing mortgage. Homeowners are tempted ...

Why home prices are about to plummet--and take the recovery with them

In Washington, where words are the currency, where imprecise verbs threaten the loss of a political career and misapplied nouns can doom a movement, there remain a ...

Mortgage is a long term loan and the mortgage monthly payments form a major monthly expense. A lower mortgage rate means lower monthly mortgage payments. This is one reason why people hunt for low interest rates on a mortgage.

As we kno ...

Three Rules of Thumb for Mortgage Refinancing

You might think that deciding to refinance a mortgage requires only a quick comparison of loan interest rates. Unfortunately, that¡¯s not really true. Refinancing is trickier than that! Fo ...

It is a common financial scenario across households in the Western world. Multiple debts have started to build up: a car loan here, a department store loan there; a bank loan here and several credit cards there. While all may have seemed manage ...

While the expectation of some economists of a decoupling of the rest of the world from the so-called "U.S.-centric" global economy is strong, this will most likely have to wait until after the next long-term cycle bottoms (namely the 8-year cyc ...

How to Avoid a Bad Loan?

In the market for a mortgage refinance but have poor credit? Then avoid bad loans by being a smart shopper. Don¡¯t accept the first offer you get in the mail because it could be the worst deal. Instead, compar ...

Mortgage Refinancing

You've probably heard it often -- another friend or neighbor has refinanced and is enjoying lower monthly mortgage payments. You may have read headlines that talk about mortgage interest rates reaching historical ...

Deciding to refinance

When you refinance your home, you seek to replace your current mortgage loan with a new loan that has more favorable loan terms. Usually, you refinance to pay off a higher-interest loan with a loan that has a low ...

A Consumer's Guide to Mortgage Refinancings

Would Refinancing Be Worth It?

Refinancing can be worthwhile, but it does not make good financial sense for everyone. A general role of thumb is that refinancing becomes worth your ...