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'Early Payoff' articles

Why Refinance Now If Rates May Drop Further?

August 18th, 2010

Conforming mortgage rates and FHA mortgage rates have remained below 4.5 percent through early June 2010. Since then, they have dropped considerably further. Did those who refinance their mortgages in...  Read More

FHA Short Refinance Has New Guidelines

August 16th, 2010

Upside-down on your mortgage? Frustrated you are unable to refinance to the historically low mortgage rates currently available? Unwilling to sell your home and go through a short sale? FHA...  Read More

Refinance From Interest-Only or ARM to a Potentially Higher Payment? You Bet!

July 06th, 2010

Even with today’s historically low mortgage rates, many homeowners with Interest-Only or Adjustable Rate Mortgages (ARMs) are deciding not to refinance. Why? Because their monthly mortgage payments may stay the...  Read More

Mortgage Rates Stay Low As Home Sales Plummet + Other Mortgage News

June 25th, 2010

As mortgage rates hit 50 year lows and economic reports last week showed a sluggish economy, the Fed shows no inclination to change its direction regarding low rates. However, home...  Read More

Mortgage Rates Continue To Drop On Economic News

June 11th, 2010

Despite a continuing drop in mortgage rates, applications for mortgages fell steeply last week. Federal Reserve Chairman Ben Bernanke gave several talks that impacted mortgage rate markets. Mortgage rates continue...  Read More

Mortgage Refinance: 5 Smart Uses For Your Savings

June 09th, 2010

You’ve hit “calculate” on a free mortgage refinance calculator, and you see that you can save several hundred dollars a month by refinancing your mortgage. Now what to do with...  Read More

Mortgage Insurance: How--And When--To Cancel It Early

June 01st, 2010

When considering a home purchase or refinance, many homeowners may be obligated to pay mortgage insurance if they do not have at least 20% down payment/equity. This may seem like...  Read More

Mortgage Products On The Chopping Block In Washington

May 26th, 2010

While many cheer the financial reform legislation working its way through Washington due to the restraints it will put on Wall Street, lost in the reporting are the impacts on...  Read More