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
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'Early Payoff' articles
FHA Short Refinance Has New Guidelines
August 16th, 2010Refinance From Interest-Only or ARM to a Potentially Higher Payment? You Bet!
July 06th, 2010Even 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, 2010As 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, 2010Despite 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, 2010You’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, 2010When 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, 2010While 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
Mortgage Rates Hit Six Month Low On Economic Dip
May 21st, 2010As uncertain economic reports and European woes continue, mortgage rates have benefitted: mortgage rates are at levels not seen since November 2009. Economic data shows a hiccup in economic recovery,... Read More
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