Is now a good time to refinance? What homeowners need to understand about current interest rates to determine if refinancing is worth it. Interest rates have dropped, which is supposed to spur interest in buying a home and refinancing your mortgage. But I'm hearing from people who wonder if it is really worth their while [...]
How to find old mortgage loan records? This homeowner wants to find proof of old mortgage payments made before they refinanced and modified their loan. Q: I purchased my home back in 2004 and got a mortgage with a lender that has since been purchased by one of the huge banks. I made all of [...]
Refinancing a mortgage late in the life of the loan could cost you more than it’s worth. Here are a few options if you’re looking to lower your financial burden. Q: Is it wise to refinance my mortgage if it has a balance of just $26,000? The loan was for 30 years at a fixed [...]
