Would it be a good time to refinance a 6.5% fixed rate mortgage due to recent rate cuts? - fixed rate mortgage refinancing
I only have to pay the mortgage for 4 months. I'm waiting longer, or take advantage of lower rates?
Tuesday, January 12, 2010
Fixed Rate Mortgage Refinancing Would It Be A Good Time To Refinance A 6.5% Fixed Rate Mortgage Due To Recent Rate Cuts?
5 comments:
At this time no charges for a loan of less than 5.875%. No fees of any kind, including the lender and / or fee title. Do not add anything to the balance of your loan current. If you are charged 1 point, prices are currently at 5.5%. If you are selling a property within 5 years, go free with the loan. How long to keep this property, is really the biggest problem if you have good credit. If you plan on this property a few years might be better to keep up with an adjustable mortgage. Some of these programs are set for the first $ 5, 7 or 10 years. Consult a mortgage broker in good and compare loan terms. You can make a profit, which would not have known otherwise. Jeff
At this time no charges for a loan of less than 5.875%. No fees of any kind, including the lender and / or fee title. Do not add anything to the balance of your loan current. If you are charged 1 point, prices are currently at 5.5%. If you are selling a property within 5 years, go free with the loan. How long to keep this property, is really the biggest problem if you have good credit. If you plan on this property a few years might be better to keep up with an adjustable mortgage. Some of these programs are set for the first $ 5, 7 or 10 years. Consult a mortgage broker in good and compare loan terms. You can make a profit, which would not have known otherwise. Jeff
At this time no charges for a loan of less than 5.875%. No fees of any kind, including the lender and / or fee title. Do not add anything to the balance of your loan current. If you are charged 1 point, prices are currently at 5.5%. If you are selling a property within 5 years, go free with the loan. How long to keep this property, is really the biggest problem if you have good credit. If you plan on this property a few years might be better to keep up with an adjustable mortgage. Some of these programs are set for the first $ 5, 7 or 10 years. Consult a mortgage broker in good and compare loan terms. You can make a profit, which would not have known otherwise. Jeff
At this time no charges for a loan of less than 5.875%. No fees of any kind, including the lender and / or fee title. Do not add anything to the balance of your loan current. If you are charged 1 point, prices are currently at 5.5%. If you are selling a property within 5 years, go free with the loan. How long to keep this property, is really the biggest problem if you have good credit. If you plan on this property a few years might be better to keep up with an adjustable mortgage. Some of these programs are set for the first $ 5, 7 or 10 years. Consult a mortgage broker in good and compare loan terms. You can make a profit, which would not have known otherwise. Jeff
Now would be a good time.
I should probably (depending on the situation) in a position to get a lower rate than at.
Prices are down in the future? Maybe, maybe not. The prices are currently low and should probably skip it.
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