Article Summary: An update on the real estate scene in Santa Rosa, California, with information on homes for sale in housing prices.
According to real estate search engine Trulia.com, there were more than 1,500 Santa Rosa homes for sale at the time of publication. Zillow.com, a competing website, showed a similar number of listings in the [...]
California | admin | 
March 21, 2010 10:50 am | 
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San Antonio mortgage rates are still low, and they will probably hover in the 5% range for the next couple of months. According to the mortgage market survey by Freddie Mac, the average rate on a 30-year fixed loan was 4.96% (for the week of March 18, 2010). These are nationwide trends, mind you, but [...]
Texas FHA loans are a popular financing tool for home buyers, especially first-time buyers. Generally speaking, it’s easier to qualify for one of these loans (compared to a regular mortgage), and you can make a smaller down payment as well. The question is, how do you find a Texas FHA lender to help you get [...]
Reader Question: “I plan to buy a home in Roanoke, Virginia later this year. I’ve heard that I can get a lower interest rate if I use an ARM loan. Is this true? What else do I need to know about using adjustable-rate mortgages in Roanoke, VA?”
If you’re planning to stay in the home for [...]
If you have excellent credit, and you can afford a decent down payment on a home, you could qualify for Virginia mortgage rates at 5% — or slightly below. According to Freddie Mac’s weekly summary of the primary mortgage market (3/18/10), the average interest rate on a 30-year fixed-rate mortgage loan was 4.96%.
These are some [...]
Article Summary: Low interest rates have led to a mortgage refinance craze in America. But not everyone will qualify for the best interest rates when refinancing their homes. In fact, only a small percentage of borrowers will receive the best rates available. Are you part of this fortunate minority? Here’s how to find out:
Many homeowners [...]
Refinancing Process | admin | February 7, 2010 11:21 am | Comments Off
Question: “I hear a lot of buzz about refinancing. Everyone’s doing it, etc. Why should I refinance my mortgage loan? What are the primary reasons for refinance a home anyway? I’m just curious to know what all the fuss is about.”
Good question. First, I want to point out that refinancing isn’t always a good idea. [...]
Frequently Asked Questions | admin | February 2, 2010 6:44 pm | Comments Off
The scenario: “I have fallen behind on my mortgage payments, and I’m now facing foreclosure as a result. I started with an ARM loan and low interest, but the rate increased. My home values have also dropped. I need to refinance to stop foreclosure from happening. How can I do this?”
This kind of scenario has [...]
Foreclosure | admin | January 13, 2010 6:32 am | Comments Off
Terminology Note: This article uses the term remortgage instead of refinance because it is intended for a UK audience. Though the terminology is different, the concepts themselves are universal.
Question: “Is it possible to remortgage with adverse credit, and if so how would I go about it?”
Depending on how bad your credit is, it might be [...]
Bad Credit | admin | December 10, 2009 5:51 pm | Comments Off
Story Summary: If you’re trying to refinance your mortgage in the near future, you better find out what your debt-to-income ratio is. Lenders have stricter qualification criteria these days, and that means a high DTI ratio could derail your refinancing plans.
I just read a Q&A session on the MarketWatch website about a woman who [...]
Applying for a Loan | admin | November 11, 2009 10:39 am | Comments Off
This blog offers mortgage refinancing information for homeowners. The information on this blog is intended for general education only. We are not acting as your financial advisor, nor should you make any financial decisions based solely upon the refinancing information we provide.
If you are planning to refinance your home in the near future, we recommend that you learn everything you can about the subject before talking to lenders. That means you should continue your research beyond this website. We hope you find this refinancing information helpful.