Tag Archives: refinance

Mortgage Refinance Interest Rates | Refinancing Your Wells Fargo Mortgage: Is Now A Good Time?

Refinancing Your Wells Fargo Mortgage Now If you have a Wells Fargo mortgage that qualifies for refinancing, you must meet certain guidelines in order to refinance. First of all, you must be refinancing your existing mortgage on your primary residence in which you live. You must have sufficient income to make the payments on your mortgage, which will be determined by figuring your income to debt    .. more …

Mortgage Refinance Interest Rates | Hopeless Because Of Poor Credit? You Can Acquire A Bad-credit …

Because of these unhealthy economic times, many home buyers are entering the home refinancing market and bringing with them some pretty lousy credit scores. National, even global, financial issues have caused many folks to take severe hits on their credit ratings. Temporary joblessness, investments gone awry, maybe just some unfortunate mistakes, have descended on many home owners. Yet these    .. more …

Mortgage Refinance Interest Rates | Refinancing A Bad Credit Home Loan May Be A Good Idea

When mortgage rates fell a point or two below the current interest rate, it was a good time for refinancing your bad credit home loan. Nowadays it is a very smart move; you will save substantially with a bad credit home loan refinancing in the long run. Really, there are many considerations as you contemplate refinancing, including options such as low-cost or no-cost mortgage refinancing, as well    .. more …

Mortgage Refinance Interest Rates | Bad Credit Mortgage Refinance Loans Bring Savings Potential To …

The practical reason is that by refinancing a bad credit home mortgage, a home owner can take advantage of lower interest rates. In this way, the overall financial pressures that the home owner is under can be reduced, and a little extra cash can go elsewhere. Any move that can reduce monthly mortgage repayments, and leave a little extra in the pocket, has to be applauded. And, since it is    .. more …

New Home Sales | Where Things Are Really Tending In The Mortgage World!

Tuesdays 2-yr auction ($42 billion at 1.11%) was the talk of the town, in spite of generally being considered an average auction, or perhaps a little better. Indirect bidding, with all of its questionable worth but still used as a gauge of non-dealer customer demand, was good at almost 50%. Most believe that today’s 5-yr auction, and tomorrow’s 7-yr auction, will be a better thermometer of general    .. more …

Mortgage Interest Rates | How To Find A Florida Mortgage – Article Dashboard

There are many different types of homes that you may wish to make your own. You may wish to live a beach condo, apartment, large house or even mobile homes. There are plenty of different loans available for the varying types of property available. Florida is home to many mobile home communities and it may not be well known that there are mortgages especially designed for this type of living    .. more …

Mortgage Interest Rates | Short-term Interest Rates On The Rise – Article Dashboard

As a result of these interest rate increases, millions of homeowners with adjustable rate mortgages will feel the sting of corresponding increases in their annual adjustments. Consumers with revolving debt accounts tied to the prime rate have already felt the impact, as the prime rate always rides 3% above the current Fed Funds Rate. And although an increase in the Fed Funds Rate does have a    .. more …

Mortgage Interest Rates | Learn How To Lock In The Lowest Mortgage Rate Available When …

In the same way people try to time the stock market – deciding when to buy and sell stock in companies – many borrowers try to time when they lock in their rate when refinancing. Based on the history of mortgage interest rates, this strategy usually backfires. Many borrowers literally wait for months or years for lower mortgage rates because they only want to refinance if they can get the absolute    .. more …

Existing Home Sales | Daily Tips And Updates About The Mortgage Industry

How is giving the money to banks working out? Many argue “not so well”. The injections have made the banks richer and less likely to become go bankrupt, but it doesn’t force them to lend money out. Heck, they may want to use the money to cover the bad loans they either already have on their books or may have in the future. Government directives go to Fannie and Freddie, who in turn offer to buy    .. more …

New Home Sales | Todays Mortgage News 2/28 – Article Dashboard

Have you ever heard of Bayview Mortgage Capital? Me neither, until I read a report saying that they are a “newly formed” mortgage company, with their parent (Bayview, out of Florida) being owned by the Blackstone Group, and that they filed for a $500 million IPO (initial public offering). Per the report, they will be using the money to possibly qualify as a REIT and/or to use the money to buy    .. more …