Reader Question: “I would like to take advantage of the lower interest rates, but as many people, my mortgage is upside down. If I already have the loan and I am completely capable of making the payments, what is the increased risk for banks to refinance me to a lower rate? This makes [...]
Mortgage Refinancing | Brandon | 
August 25, 2010 8:19 am | 
Comments (0)
Question: “I’m planning to refinance my home next year, if my equity holds out. Who is the best lender for home refinancing loans these days? Does it matter which lender I use, or does it all come down to the interest rate?”
The answer to your second question would be yes and yes. It does matter [...]
Mortgage Refinancing | Brandon | July 31, 2010 7:52 pm | Comments (0)
Question: Is there a rule of thumb that says when it’s worth it to refinance a mortgage loan? I have read different things on this subject, and now I’m just confused. When is it worth it to refinance a home loan?
If you’re not familiar with how refinancing works, you might want to start with this [...]
Mortgage Refinancing | Brandon | July 23, 2010 11:21 am | Comments (0)
Question: “When does mortgage refinancing make sense, in general? What is the rule of thumb for a refinance, in terms of doing it right?”
To answer this question, you have to identity your primary goal for refinancing. If you’re able to achieve that goal through the refi process, then it might make sense to move forward. [...]
Mortgage Refinancing | Brandon | February 7, 2010 8:34 am | Comments Off
Through the Home Buying Institute website, I’ve been receiving a lot of emails about mortgage refinance. Here are some of the most common questions: What is involved in refinancing a home? How does the process work, and what steps are involved? How do I get started?
So in this post, I thought I’d like talk about [...]
Mortgage Refinancing | Brandon | November 14, 2009 1:42 pm | Comments Off
Lesson Summary: In this lesson, you’ll learn how to compare refinance rates when mortgage shopping. You’ll also learn what it takes to qualify for the best rates in the current economy.
A lot of homeowners are trying to refinance their mortgages, because they see how low the rates are right now. According to Freddie Mac, [...]
Mortgage Refinancing | Brandon | October 10, 2009 9:05 am | Comments (0)