Is now a good time to refinance my home loan?
- Stay where you are ! That is a great rate! Unless you want to consolidate debt or you are in an ARM, do not refinance
- No. It's hard to get approved
- I would wait at least 6 months rates are falling rapidly like the stock market. No sense in barely changing what you pay when a little time will save you thousands
- Also depends on your credit rating. Lenders are being super picky right now
- Do you watch the news? No do not refinance now, its not a good time
- not worth the effort at this time. rates need to fall about 2% for you to recoup the cost in about 2 years time
Knowledge Base
i want to refinance my home loan to get a better rate. i purchased the home 1 year ago and currently have a 30 year fixed at 7. 0%. i bought the house for 475, 000 an currenty owe 423, 000. i worried that the home prices have droped so (home mortgage loan)
i want to know if i can get more than one home equity loans at a time for a single house from different banks. because i have applied for a home equity loan from a bank, but it seems to be not enough for me to do what i want (home equity loans)
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Knowledge Base: Home Loan
my husband, myself and our kids, are living with his parents, for the past six months. we both have very poor credit and are in desparate need of our own place. we now can afford our own place but cannot get a loan to purchase one. we have down payment (bad credit home loan)
right now my home equity loan is at 7. 4%, and my home loan is at 5. 35% i am leaning towards paying off my home equity loan, but should i combine my two loans and refinance instead?. rule of thumb from money magazine only re - fi if you (home loan credit)
my family and i live in a home legally donated to us by my father. we have ownership. can we use this home as collateral for a mortgage loan on another home in another state? if so, how does that work?. is the home worth more than the home you (home loan)
my credit is not bad or fair. it's good, just below excellent. how good does your credit have to be and what other factors are key to successfully obtaining a home mortgage loan?. hi ronnie, your credit has to be at least a 640, so i am uming you will (home loan credit)
there is no such thing. you have a better chance finding bigfoot or elvis!. you find that then you are the luckiest person. home mortgage loan refers to the loan lent to someone who buys a house from a developer, makes the initial payment and lets the bank to pay (home equity loans)
Knowledge Base: Home Loan Refinance
i am hoping to refinance my home loan to a lower rate. i understand that applying for a new loan is a "hard inquiry" that will lower my credit score, so i do not want to apply unless i am reasonably sure of being approved. what score range would i (home loan refinance)
i want to refinance my home loan to get a better rate. i purchased the home 1 year ago and currently have a 30 year fixed at 7. 0%. i bought the house for 475, 000 an currenty owe 423, 000. i worried that the home prices have droped so (home loan refinance)
i want to refinance my home to take advantage of lower interests rates. i also want to renovate my house since it has severe structural problems. should i refinance and get cash out to use for home improvement or should i refinance without cash out and get a separate home (home loan refinance)
fha refinance loans seem like my best option at the time for refinancing my home loan. can anyone provide me with some information pertaining to the current fha rates?. 15 yr is 4. 75. 4. 875% - 5. 00% on a 30 year mortgage is about the lowest going rate (home loan refinance)
right now my home equity loan is at 7. 4%, and my home loan is at 5. 35% i am leaning towards paying off my home equity loan, but should i combine my two loans and refinance instead?. rule of thumb from money magazine only re - fi if you (home loan refinance)
Knowledge Base Categories:
- Home Loan
- Home Mortgage Loan [11]
- Home Equity Loans [6]
- Home Loan Credit [10]

