24 May 2006
No matter what your reason for refinancing your mortgage- lower monthly payment, access to cash, debt consolidation-you'll want to make sure your mortgage isn't loaded down with unnecessary costs.Before you sign any dotted line, keep in mind these cost-cutting tactics.
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24 May 2006
When it comes to versatility, few lending options can equal a home equity line of credit (HELOC).Unlike a home equity loan, which requires borrowing a lump sum at a fixed rate, the HELOC offers exceptional flexibility.
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22 May 2006
To many of us, financial instruments can be frightening and complex.This holds true for mortgages, which are the largest financial transaction most people will ever make.
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22 May 2006
A crucial decision you will make when selecting a mortgage loan is the length of your term.Should it be 15, 20, or 30 years long? There are advantages and disadvantages to each.
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19 May 2006
An online refinance is something that can be carried out over the Internet just as much as any other paperwork intensive transaction can be done online.It is not a different kind of loan, nor is there any less labor intensive "online refinance" that is cheaper or faster.
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18 May 2006
Your mortgage interest depends on several variables.Some of them, like the economic environment and your past credit history, are not easy to change.Prepaid interest points, on the other hand, give you some control over your interest rate.
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18 May 2006
When you decide to get a home equity line of credit (HELOC), it's important to determine how large your credit line should be.This may be an easy decision as far as financial choices go; but you still should choose your credit limit wisely.
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17 May 2006
The idea of a mortgage refinancing after a bankruptcy might seem unrealistic.But the truth of the matter is that it can begin sooner than you'd expect.
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15 May 2006
Should you or shouldn't you? Luckily, when considering refinancing your home mortgage you do not have to rely on gut feeling, and a beneficial outcome is not dependent on stumbling upon the right broker; a refinance home mortgage decision is based upon quantitative analysis and investigative research, which is fancy...
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11 May 2006
Second mortgages have become an invaluable source of funds for borrowers who have used their home equity for debt consolidation or to pay for college tuition.However, second mortgages are still borrowed money, and the pros have an equal number of cons.
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10 May 2006
As interest rates rise, it's hard to predict how high variable rates will go.If you have an adjustable-rate mortgage, there may be no better time than now to lock in a fixed rate by refinancing your mortgage, before rates climb closer to double digits.
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9 May 2006
What are the different types of loans that are grouped under the term second mortgage? Understand the home equity loans and HELOCs and what they are 2nd to.
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8 May 2006
A new mortgage loan with new terms wich is used to pay of your current mortgage, or mortgages, that's what home refinancing is about.Why can it pay off? When?.
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8 May 2006
There are literally thousands of mortgage lenders in the United States.Which is the one for You?.
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5 May 2006
Mortgage interest rates favorable to home buying are still available, even if mortgage interest rates are still on an upward trend.Refinancing is today more need driven than rate driven.
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4 May 2006
Often, when consumers take out a mortgage to buy a house, their financial situation changes over time.It's not unusual for you to outgrow the terms of your original mortgage.Refinancing is a convenient way to change the rules of the game.
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2 May 2006
One of your greatest sources of funds, your home, may be an asset only on paper.If a time comes, however, when you need money, it can be conveniently tapped for cash by taking out an equity loan or a second mortgage.
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1 May 2006
If you're thinking of a home loan mortgage refinancing, it can be helpful to sit down and consider the pros and cons.The first step is to figure out the costs and savings of rolling your old loan into a new one.
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1 May 2006
Refinancing your home mortgage can bring in extra cash and lower your payments.But it can also mean higher taxes.We'll show you how your deductions are affected by different kinds of refinancing loans.
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28 April 2006
Many of us dream of owning a second home, perhaps as a vacation or income-producing property.Is financing a second home with a second mortgage an option?.
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