Refinancing your mortgage is an alternative way of paying off a loan, often a mortgage loan, with lower interest rates and lower payments. Refinancing your mortgage is not simply a second mortgage. It is new money that will help you pay off your original mortgage, but often with better terms. While this probably sounds fantastic, it […]

Refinancing has grown popular over the years. What this means is that people decide to change their current mortgage. They go to apply for a new mortgage not because they want to move to a new town or a new neighborhood or a new house. They want to stay in the same town, in the same […]

There are many articles being written right now that are highlighting the fact that interest rates are at all time lows but home owners are not making application for new mortgages at as high of numbers as one might think. The reasons given for this are many and varied: 1. Homeowners don’t believe they can […]

The FHA refinancing guidelines have been modified to make some of the FHA rules clearer to people. It has been done in order to make some regulations stricter. Some changes have been done to modify the streamline refinance plan and are a noncredit qualifying refinance mortgage plan. The main reason for applying for the FHA […]