Ready to refinance? VA home loan refinancing can relieve your financial worries and give you better terms on your mortgage. You could even walk away with cash in your pocket!
FHA mortgages are indispensable to many home buyers with credit issues and small down payments. However, time can change things making a conventional mortgage more attractive.
Plummeting interest rates are making lenders nervous and homebuyers ecstatic. Is now the time to buy, or could mortgage rates go even lower?
WA state residents who have built up equity in their houses have four ways to improve their financial options: taking out a second mortgage, a home equity loan, a home equity line of credit, or simply refinancing the current mortgage -- with or without a cash-out feature. Equity represents wealth. Talk with a mortgage professional about using it wisely.
As of September 1st, mortgage investors FannieMae and FreddieMac will impose a .50 percent fee on each refinance loan they purchase from lenders. This is to shore up their capital reserves. The cost will be passed to borrowers.