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Tagged : refinancing

Found 5 blog entries tagged as "refinancing". - If you wanted to refinance your mortgage in the past, but couldn’t because your home was underwater (worth less than what you owe on your mortgage), you may be in luck.

According to a report from CoreLogic, a provider of consumer, financial, and residential property information, home prices nationwide increased 12.4 percent on a year-over-year basis in August 2013, compared to August 2012. This means your home's value may have risen without you even knowing it, and as a result, you may qualify for a refinance.

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440 Views, 0 Comments - If you think you may have missed the boat on getting a lower mortgage rate, you may think it's too late to refinance - especially when you see interest rates rising every week.

In fact, according to the Mortgage Bankers Association (MBA), on July 5, 2013, the average interest rate for a 30-year fixed-rate mortgage increased to 4.68 - an increase of .10 percent from June 28th. This is the highest rate since March 2012. 

Though this news may dishearten homeowners who didn't jump at the chance to refinance when rates were at rock bottom, our experts say not to give up on the idea of refinancing just yet.

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621 Views, 0 Comments - After years of decline to rock-bottom levels, interest rates are on the rise. The average rate for a 30-year mortgage was recently 4.35%, more than a point above the 2012 low of 3.3%.

Whether you're buying, selling or refinancing a home, here's how to navigate the new environment. 1. No more record rates, but still cheap loans  2. The refi window is starting to close  3. Higher rates won't scuttle the housing recovery  4. Once you're ready to buy, lock in  5. Fixed loans usually beat adjustables

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WASHINGTON (AP) – Average rates for 30-year and 15-year fixed mortgages fell to record lows for a third straight week. 

The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify.

Mortgage buyer Freddie Mac says the average rate on 30-year loans dipped to 3.79%. That's down from 3.83% last week and the lowest since long-term mortgages began in the 1950s.

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669 Views, 0 Comments - In Freddie Mac's results of its Primary Mortgage Market Survey®, average fixed mortgage rates were down slightly and hovering just above their record lows as markets waited for the Federal Reserve's monetary policy announcement. The 30-year fixed-rate mortgage averaged 3.88 percent and has been below 4 percent all but one week in 2012. The 15-year fixed, a popular refinancing choice, averaged 3.12 percent.

30-year fixed-rate mortgage (FRM) averaged 3.88 percent with an average 0.7 point for the week ending April 26, 2012, down from last week when it averaged 3.90 percent. Last year at this time, the 30-year FRM averaged 4.78 percent. 


15-year FRM this week averaged 3.12 percent with an average 0.6 point, down from last week when

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