Refinance Articles

The New Obama Refinance Plan

The White House has made available details of its newest proposal to help underwater homeowners refinance their mortgages to lower interest rates. Will you be able to qualify?

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Rate Locks and How They Work

Mortgage rates remain at historic lows for the time being, but they could start creeping up at any time. So if you’re planning to take out any kind of a mortgage loan anytime soon, you’ll want to get a rate lock.

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Consider Refinancing Into a VA Loan

Thinking about refinancing your mortgage? If you’ve a veteran or qualifying member of the reserves, don’t overlook a VA loan.

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New HARP May Not Gear Up Until March

December 1 is when lenders are scheduled to begin implementing the new HARP guidelines for refinancing underwater mortgages. But you might not be able to refinance that underwater loan just yet.

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New HARP Guidelines Released

Homeowners can start applying to refinance their underwater mortgages under new HARP guidelines as soon as Dec. 1, according to new program rules released late yesterday.

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Act Soon on New HARP Refinance

Hoping to qualify for a government-backed refinance of an underwater mortgage under the new rules for the Home Affordable Refinance Program (HARP)? Better act fast.

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Understanding the New HARP Refinance

So what do the new changes to the government’s Home Affordable Refinance Program (HARP) mean for you? If you’re an underwater homeowner, it could mean a lot.

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What About a 20-Year Refinance?

Thinking about refinancing? Don’t overlook the 20-year mortgage loan option.

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Self-Employed and Can’t Refinance?

Refinancing a mortgage can be a challenge these days, particularly if you’re self-employed or have other types of irregular income.

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How Often Can You Refinance?

How soon can you refinance your mortgage again if you’ve already done it recently? With interest rates in a free-fall and setting new records, it’s a highly relevant question.

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Can You Refinance Through FHA?

Most people tend to think of FHA mortgages as a tool for first-time buyers. However, an FHA mortgage can also be used for refinancing as well, even if the current loan is not an FHA mortgage.

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When to Refinance Your Mortgage?

When is it a good idea to refinance your mortgage? Should you take advantage of the historically low interest rates now available, or are there hazards to be leery of?

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Often-Overlooked Refinance Mistakes

Refinancing your mortgage can save you a lot of money, especially with interest rates as low as they are right now. However, there are also some things to look out for before you rush in.

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Is a Cash-In Refinance a Good Idea?

Does it make sense to pay down your mortgage in order to be able to refinance at today’s super-low rates? Is this a good strategy for homeowners who are underwater on their mortgages?

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Can You Refinance With Your Equity?

With mortgage rates once again near historic lows, you might be one of the many homeowners who would like to refinance their mortgage. The question is, do you have enough home equity to do it?

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Saving Money by Refinancing

What can refinancing a mortgage do for you? Although saving money is the obvious answer, there are a lot of ways to do that, depending on what your personal goals are, and various options for doing so.

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Doing Your Own Online Appraisal

How can you find out what your home is worth? If you’re looking to refinance your mortgage, it’s a critical piece of information, particularly if you’re not sure where you stand in terms of equity in the property.

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3 Mortgage Refinance Myths

Get a better understanding of the refinance process before you start calling up lenders.

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6 Mortgage Basics that You Should Know

Results from a recent survey indicate that most homeowners don’t know their mortgage basics. Do you?

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The 7 Types of Documents You Need for a Refinance

Get these documents together before you start the refinance process to streamline your loan.

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National Rates

Loan Type Today +/-
30 yr fixed 3.84
15 yr fixed 3.14
5/1 ARM 2.75

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