Tag Archives: refinance
Update! Are mortgage interest rates starting to rise?
Freddie Mac reported Thursday in its weekly update that the average interest rate on 30 year, fixed rates moved upward this week, to 3 42%   This is the highest levle since September 29, 2012 In comparison, last week's average rate was 3 38%   When you compare rates from 30 years ago, rates Read more [...]
Mortgage interest rates are still low!
Delaware mortgage rates have improved since the Federal Reserve started its QE3 program by pumping in an additional $40 billion to boost the housing market.  This should keep rates low for a while, so the sooner you get refinanced, the sooner you will start saving money monthly and increasing your Read more [...]
Homeowners in Delaware get fired up about refinancing!
As mortgage rates have tumbled to all-time lows, the demand for refinancing has fired up homeowners in Delaware. And it's not just those Delaware homeowners who have underwater mortgages. With rates for 30-year mortgages at an all time low, many Delaware homeowners are trying to get their monthly mortgages Read more [...]
Will Your Credit Score Affect the Interest Rate You Get?
I had a potential call me to get a pre-approval   I asked if he have any idea what his credit score was   He said he went on line and it was 900+   I advised him that that score was impossible because credit scores range from 300 to 850 The credit scoring mechanism used by mortgage Read more [...]
Deciding if a mortgage refinance is right for you
   Interest rates home mortgage loans are expected to end 2012 at a very low rate. If you're considering refinancing your mortgage to save money, you have some time, but the deals won't last forever. Here's a checklist to run through to determine if it's the right time to consider refinancing.1) Read more [...]
When refinancing my mortgage – How Can I Determine My Payment Terms?
When refinancing, determining the right term of your loan is an important decision, after all you want to continue making your mortgage on time, with little or no addred stress to your life. If you are currently in a 30 year mortgage, you most likely would consider doing a 25, 20, or 15 year term, but Read more [...]
Refinance or not to Refinance – Top Ten Considerations
One thing is for sure, if you have the right situation that works for you and your family, then you can greatly benefit from refinancing your home mortgage loan. The best way to figure out whether you, in particular, are in that situation is by talking to professionals and comparing mortgage rates and Read more [...]