Question by JimBillyJoeBob: Should I refinance my fixed 15 year 5% mortgage for a fixed 30 year 5.75% mortgage to free up cash flow??? I am thinking of refinancing so I can free up monthly cash flow to invest. I have been looking at a refi from www.madrate.com and they offer a $ 289 fee [...]
Question by alex G: I have a loan modification and they are not removing any late fees or back payments. Has anyone? had their loan modification completed and not have to pay these fees. Should I negotiate that. The back payments accumulated by the adjustment of my interest rate. Best answer: Answer by MM C [...]
Question by kookoo4travel: How can you refinance a home loan with a NEGATIVE equity? Adjustable rate has taken our mortgage payment from $ 1,800 per month to $ 3,000! Best answer: Answer by laguy82 Well, you do have a couple of options and depending on a couple of factors…i.e how negative you are on your [...]
Question by Scott W: how can i get a mortgage when I don’t use credit cards. I have NO debt.? I bought my first house, 5 years ago. paid every mortgage payment on TIME, never missed a payment. I bought a car and paid that off in 3 years. I sold my house last year [...]
Question by mickeytchs: I brought my home 1yr ago, I want to refinance, my mortgage was setup with a 1st and 2nd mortgage? Total I brought the house for 87000 and I owe about 85000 total between the two mortgages. First mortgage has an interest rate of 9.5% and the 2nd is about 12%. Is [...]