Question by Krispy: Assignment of Mortgage question??? I am trying to find information about an “Assignment of Mortgage” but the only thing I can seem to find are the forms. I am not ready to speak to a lawyer, realtors, or mortgage company…I am just trying to find a little information. Has anyone ever done [...]
Question by jeff b: Is it worth paying 5 to revise my mortgage rate down by .1%? I’m currently locked in at 4.85% on a $ 170,000 30 year fixed mortgage. Today rates have dropped to 4.75%. Is it worth it to cough up the $ 325 fee to have my rate revised before closing? [...]
Let’s face it; you may be one of the millions of Americans who may lose their home to foreclosure. Even though this is a harsh reality, the government has made provision and now this program, funded by stimulus money has been called the Obama mortgage relief plan.
Question by Randy C: Pay off college loans, or put that money towards new mortgage downpayment? My wife and I are building a home and will soon have a 30 yr mortgage of $ 314,000 and we are assuming our interest rate will be around 5%. We have two student loans totaling $ 16,000 with [...]
Question by JPA: Mortgage Refinancing and Fed Rate Drop? The Fed is expected to drop interest rates again soon (50 basis points, maybe as much as 75 basis points). How is that likely to affect the mortgage refinance rates (would it be better to wait a few days or to refinance now)? Thanks Best answer: [...]