Question by Dalrymple D: Is it true that a refinance mortgage can lessen my interest rate? Best answer: Answer by wazup1971 Yes, but take care with the expenses of refinancing. Add your own answer in the comments!
Question by jason m: How long do you have to wait to refinance on a home loan? I got lied to and screwed over when I bought my house three months ago. I need to refi ASAP. How long do I have to wait? I live in Nevada if that matters. Best answer: Answer by [...]
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 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 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 [...]