Refinance Mortgage Rates – They Are Low Now, But What About 2010?Kevin Benner asked: Currently, a great number of homeowners are looking into refinance mortgage rates for 2010 to find out if it is a viable option for them. The one constant that homeowners look for when refinancing their homes is a low interest rate. Throughout all of 2009, interest rates on mortgages have been quite [...] How to Refinance a MortgageMichael Kohler asked: If you are considering refinancing your mortgage due to an inability to make your current mortgage payment, or to get equity out of your home due to appreciation in value, there are a few things you should consider before making this large financial decision. Your house is probably your biggest investment and [...] Should I refinance my fixed 15 year 5% mortgage for a fixed 30 year 5.75% mortgage to free up cash flow?JimBillyJoeBob asked: I am thinking of refinancing so I can free up monthly cash flow to invest. I have been looking at a refi from www.madrate.com (yes, 5.75% check it out!!!) and they offer a $289 fee (includes credit, doc prep, processing, underwriting, tax service & flood certification fees) I have been reading various advisor [...] Should I refinance my fixed 15 year 5% mortgage for a fixed 30 year 5.75% mortgage to free up cash flow?JimBillyJoeBob asked: I am thinking of refinancing so I can free up monthly cash flow to invest. I have been looking at a refi from www.madrate.com and they offer a $289 fee (includes credit, doc prep, processing, underwriting, tax service & flood certification fees) I have been reading various advisor recommendations to have a 30 [...] Help me understand mortgage refinancing?Magaroni asked: We have about $30k in equity on our home, and currently have a 30 yr fixed at 6.9%. I’m not sure if refinancing will help or hurt us. My student loans are at 7.22, but I only owe another $3500, and my auto is 1.9% and I owe about $6500. I thought about [...] |