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When To Consider Refinancing Your Mortgage

People refinance their existing mortgage for several reasons,the most important being to take advantage of lower interest rates which will reduce the[...] read more »
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Pick-a-Pay Loans Prove That The Lowest Monthly Payments Isn't Always The Best Deal

As of April data showing 36.9% of Option ARMs were at least 60 days past due, while almost 20% were already in foreclosure. read more »
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Five Facts About Your Mortgage Loan and Home Equity

LTV, Down payments, property values...helpful facts to get a full understanding of what you're into and what you might not be able to get out of. read more »
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Refinancing to Current Mortgage Rates: What About Home Equity Loans?

When you take out a home loan, your mortgage company encumbers the title to your property by recording a lien against it. Before your primary mortgag[...] read more »
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Refinancings Move at Slow Pace, Frustrating Some Homeowners

Current mortgage rates are low, making it a good time for many homeowners to refinance. read more »
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60-Second Guide to Avoiding Foreclosure

If you're struggling to keep up with mortgage payments, join the crowd. About 13% of U.S. homeowners are either behind on their mortgage loans or in[...] read more »
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Does Great Credit Equal The Best Mortgage Rates?

An excellent credit score will certainly help you get lower mortgage rates, but it won't automatically guarantee you anything. read more »
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Should You Refinance Into A Mortgage With Higher Monthly Payments?

When most people consider a mortgage refinance, borrowers usually look for the lowest interest rates and monthly payments. read more »
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Borrowers Save $3.4 Billion By Refinancing

According to Freddie Mac's quarterly Refinance Report, at least 50% of borrowers were able to reduce their interest rate by at least 1.25% after ref[...] read more »
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An $8,000 Tax Credit Became Even Better Than Free Money

When the government conceived its plan for an $8,000 tax credit for first-time home buyers, it underestimated the creativity of those who wanted the [...] read more »
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Ten Questions to Ask your Mortgage Officer When Applying for a Loan

Buying a home is something that takes a long time. In an effort to speed up the process, many homebuyers attempt to skip steps they feel are unimport[...] read more »
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Key Aspects of Adjustable Rate Mortgages

As the name suggests, an adjustable rate mortgage (ARM) is one with a fluctuating interest rate. Many people find these too risky, preferring to opt [...] read more »
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Short Sales Can Yield Profits. Protect Yourself from Headaches by Shopping for Your Loan First

Looking for properties that might yield better returns than your average listing? That's usually the motivation for those searching out the short sa[...] read more »
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The Art of Shopping for Your Mortgage

Try to get all your quotes within a short time period so that you can make reasonable comparisons. The right loan is an important part of your entire[...] read more »
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Clarification on Refinancing your Mortgage

When you bought your home, the interest rate may have been high and thinking it was going to increase, you locked in your mortgage for five years. Bu[...] read more »
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