It’s a new housing market, a new lending environment and a new economy. Keeping that in mind, it makes sense that new types of mortgages are popping up all over the place. Some of the innovative new mortgage options that are available to borrowers include the 40-year mortgage, hybrid mortgage, mortgage modification and the YOURgage. Find out what these options are and how they might benefit you.
Posts Tagged ‘mortgage refinance’
New Realities of Mortgage Refinancing (Part 2)
September 28, 2011In 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.
New 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?
3 Ways to Break Free from Debt
April 27, 2011While it is typically not the American dream to get into debt, it can be a dream come true to finally dig yourself out of debt. Learn three ways that Americans may be able to beat the debt monster once and for all. The three areas include a mortgage refinance, credit card balance transfers and paying off federal student loans.
3 Ways to Lower Your Mortgage Rate
March 3, 2011If you’re planning to buy a new home, there are a few things you can do to save yourself a bundle of money before even walking into your first open house. By positioning yourself to get the lowest interest rate on your home loan, you can save thousands of dollars over the life of the mortgage. We show you how to do it.
How Late Mortgage Payments Affect Your Chances of Getting a New Home Loan
February 2, 2011When it comes to home financing these days, having good credit and specifically, a good payment history on your mortgage or apartment, is super important. So before you apply for your next home loan, let’s discuss what lenders and underwriters are looking for when they review your payment history.
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.
