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 | 
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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)
Is it possible to refinance with no equity in the current economy? For some people, yes. For others, no. More than anything, it depends on who owns the mortgage. Homeowners in certain situations can refinance their homes with little or no equity, but it’s not available to everyone. I’ll cover those guidelines in just a [...]
Mortgage Refinancing | Brandon | October 8, 2009 3:41 pm | Comments Off
When does it make sense to refinance my home? Is there some kind of rule of thumb to go buy? Should I refinance my mortgage loan now, or build more equity first? Am I even qualified for a refi?
When it comes to refinancing, these are some of the most common questions that homeowners ask. So [...]
Mortgage Refinancing | Brandon | September 28, 2009 7:15 am | Comments (0)
In the past, we’ve written about the governments Making Home Affordable program and how it can help people refinance their homes when they are upside down / underwater in their mortgage loans. The original requirement was that you could not be upside down by more than 5%, which means your home’s value could not exceed [...]
Mortgage Refinancing | Brandon | July 31, 2009 8:22 am | Comments (0)
In this lesson, I’d like to talk to you about current mortgage refinance rates and how to find them online. More importantly, I’d like to explain how the refinance rate affects you as the borrower. The interest rate is one of the most important concepts of mortgage refinancing, because it’s largely what determines whether or [...]
Mortgage Refinancing | Brandon | July 30, 2009 8:37 am | Comments (0)
When does it make sense for me to refinance my mortgage loan? That’s the question I’d like to talk to you about today. This is something a lot of homeowners are thinking about right now, mainly because they’ve heard how low interest rates are today.
While it’s true that interest rates on mortgages are the lowest [...]
Mortgage Refinancing | Brandon | July 29, 2009 4:20 pm | Comments (0)
Have you been turned down for refinancing because you lacked PMI coverage? Are you confused as to why this happened? If so, this article may shed some light on the subject. Here’s why some homeowners need PMI in order to refinance their mortgage loans.
I recently received the following email question from a reader: “I have [...]
Mortgage Refinancing | Brandon | June 25, 2009 4:11 pm | Comments (0)
I want to refi my home to take advantage of the low interest rates we are having right now. But I’ve heard that it’s hard to refinance right now, with the economy. Can I refi my house in this market, and if so what steps should I take?
Get started here:
Over the last few months, [...]
Mortgage Refinancing | Brandon | April 23, 2009 9:56 am | Comments (0)