Posts Tagged ‘fixed rate mortgage’

Refinancing A Mortgage – Refinancing Explained

Homeowners thinking about refinancing might be somewhat confused and bewildered by the amount of possible options to select from. Investigation of these options will help clarify the refinancing products and offer an indication of the most advantageous routes to take. This article outlines the types of mortgages on the market, along with recommendations on points [...]

Common Mortgage Lending Practices

Obtaining financing to take advantage of one of the best moments in recent history for acquiring real estate has become one of the biggest hurdles for potential buyers to overcome. While only two years ago lending practices were at their most lenient, the sudden turnaround has been dramatic. More so than ever before have personal [...]

Mortgage rates nearing an all time low

Could potential homebuyers finally be getting a relief from this tough Real Estate Market? For the first time since May, mortgage rates sank below 5 percent, according to Freddie Mac.  At least for the borrowers who have come out of this recession with 20 percent down and a solid credit rating.  The average rate on [...]

Should you Refinance Your Home Mortgage?

What’s the best decision for you in terms of whether you should refinance the mortgage on your home? Refinancing means getting a new mortgage and using some or all of the proceeds to pay off the old mortgage. The opportunity to pay a lower monthly mortgage payment is usually the most attractive aspect of refinancing. [...]

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