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  1. Refinance is done to LOWER your interest rate. Example your current mortgage...

    2 Answers · Business & Finance · 11/06/2012

  2. ... loan term, and you owe more money on your house. If you do this every time you pay down the balance on the loan, you will soon realize that you ...

    11 Answers · Business & Finance · 31/10/2008

  3. Loans for homes vary by country. A refinance means to get a new loan and clear the... ways to borrow money with the home as collateral. The refinance new loan, is a new loan. It can...

    8 Answers · Business & Finance · 11/10/2019

  4. Refinancing is beneficial when the interest rates reduce. You can also take advantage of refinancing ... in the rate at the date of each adjustment as well as throughout the loan period. For traditional refinancing , ensure the interest rate on the new mortgage is at least 2% below the interest rate on your present mortgage...

    6 Answers · Business & Finance · 25/06/2007

  5. No you should not need a new down payment to refinance unless the property values decrease during those 5 years. The equity in the property acts the same as a down payment.

    3 Answers · Business & Finance · 21/08/2011

  6. ...determinewhat your paying per month now between your home and debts and what your new payment will be with... rates are so-so right now obviously do not realize that a 30 year fixed back in 2000 ...

    5 Answers · Business & Finance · 04/02/2007

  7. ...example would be $280,000. Theoretically if you refinanced your house or got an equity mortgage loan you...be fees deducted for the mortgage lender to do the mortgage loan called points and other...

    5 Answers · Business & Finance · 18/04/2015

  8. ...examine these closely. Sometimes, the bank you have your current mortgage will refinance and charge less because they do a "stream-line" refinance and don't always have to get full appraisals...

    1 Answers · Business & Finance · 10/02/2009

  9. if it is a VA refinance , there is a program called VA Streamline Refinance ...

    3 Answers · Business & Finance · 20/01/2009

  10. ...you a loan amount of about 53K. As long as the home is worth at least 55K you should be OK... because you went from a 15yr term to a 30yr term. Do it now, because a lot of lenders these days...

    9 Answers · Business & Finance · 23/01/2007

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