Refinance Home Mortgage Loans to Realize Substantial SavingsMorgan Hamilton asked: The current economic state that we find ourselves in has many American homeowners asking if it is the right time to refinance the mortgages they have. Numerous homeowners financed their house using mortgages with adjustable rates that were very affordable in the beginning, also they were not required to put a large [...] Refinancing mortgage, low ball appraisal. Do I have to pay?MSV asked: Recently I am refinancing my mortgage, so that I can get cash back to buy a condo overseas. I decided to refinance, the loan officer promise me this and that, the whole bait and switch (Congress needs to make this illegal), I was kind of gullible to believe him, so I sign a [...] My mortgage is 7% – should I refinance?Carl G asked: I have a 30y fixed with PMI…100% loan, at 7% fixed with Country Wide. I have been in it a year. My original Mortgage broker called me today and is going to look at my refinancing options…I got the 7% because my score was 650 and I had a Bankruptcy from 5 [...] |