In part one of this series, we discussed some of the new realities of mortgage refinancing in an interview with Quicken Loans Vice President and mortgage industry veteran, Stephen Luigi Piazza. The discussion continues here in part two, with more tips and trends that homeowners should know about if they want to refinance their mortgage today.
Posts Tagged ‘home mortgage loan’
New Realities of Mortgage Refinancing (Part 2)
September 28, 2011New Realities of Mortgage Refinancing (Part 1)
September 21, 2011With mortgage rates at record lows, many homeowners are looking to refinance their mortgages to save money on their monthly payments and/or pay off their mortgages faster. But what do people need to expect if they want to refinance? Is it still possible to get a home loan? Do you need a perfect credit score? What does it take to qualify, and what options do borrowers have for structuring their new loans?
When Is the Right Time to Refinance?
September 10, 2010As mortgage rates hover at historical lows, many homeowners are running out to refinance. But is now the right time for you to get a new home loan? Learn how to analyze your mortgage situation so you can decide if refinancing makes sense for you.
Mortgage Rates Hit All-Time Low
July 28, 2010Just when you thought they were as low as they could get, mortgage rates continue to slide. In fact, you can now get a 30-year home loan at the lowest interest rates in 39 years, according to Freddie Mac. Take advantage now, as mortgage rates will likely go up in the near future.
