Hi, (not you?) | Member Center | Sign Out
Listen weekdays from 1-3pm ET
(No audio? Try our help)
Recent shows | More media
Listen Live: Mon-Fri 1-3pm ET
Loan Modifications & Refinancing
Refinancing Guide
FHA Refund Guide
Discuss it: Real Estate forum
Resources & Contacts
• Refinancing means taking out a new mortgage with a lower interest rate to pay off your existing mortgage.
• With the advent of low and no-cost refinancing, it's no longer as important to see if you're going to stay in the house long enough to pay back the refinancing costs.
• In a traditional refinance, insist on a good-faith estimate of the costs up front, before you give the lender a penny.
• Before you refinance, check your credit report for anything that could foul up a refinance. You don't want to lay out the money if a credit problem is going to keep you from refinancing.
New refi option for those with FHA loans
There's a new mortgage refinance option for those with FHA loans that can benefit you even if you're upside-down in your home. If you have an FHA loan that closed by spring 2009, the streamline refi program could be for you. Here's a quick overview of this program, which goes ...
Extreme home buying opportunities abound
There has never been a better time in my lifetime for you to buy a home. No kidding. The opportunity is extreme. If your situation fits, don't miss the opportunity. The news about housing is really at cross purposes at the moment. You have reports of sales picking up in ...
Mortgage lenders offer money to non-paying borrowers in select states
Mortgage lenders are beginning to offer money to borrowers who don't pay to get them to take care of their property until it can be sold in a short sale. USA Today reports three of the nation's biggest banks are offering anywhere from less than $3,000 to up to $35,000 ...
New mortgage settlement benefits 1 million homeowners
A new settlement in 49 states could bring mortgage relief to an estimated 1 million homeowners. The $26 billion foreclosure settlement will impact customers of Bank of America, GMAC, Citibank, Chase and Wells Fargo in all states except Oklahoma. At the crux of the settlement is that lenders will be ...
New refinance rules could benefit millions of upside-down homeowners
Homeowners who are underwater in their mortgages may be able to refinance at today's low interest rates without having to appraise out thanks to updated Home Affordable Refinance Program (HARP) rules. Details of the HARP 2.0 program The big deal with what's being called HARP 2.0 is that it gets ...
Low mortgage rates make this ideal time for refis
MONEY-SAVING MOMENT: If you are in a position to do a refinance of a mortgage, the deals are the lowest just about in history. The Federal Reserve has manipulated interest rates with the effect being that 30 year refis are down in the 3s; 15 year refis are in the ...
video
Today's Best Mortgage Bargain
Do you plan on staying in your home for 6 years or less? Then it's possible to steal a major deal on financing right now, with rates starting in the 2's!
Cash-in refinances getting more popular
MONEY-SAVING MOMENT: I really wrestled with playing the money-saving sounder for this tip because what I'm about to discuss may be a bridge too far for some people. Yet I'm of the mind that you need to do whatever you have to in order to get a refinance done today, ...
Cash-in refinances difficult, but viable
Are you frustrated that you missed the refinance train when rates were at historic lows? Well, there may be a way to get on the train even now. Even though mortgage rates are no longer at historic lows, they are still very good. However, most homeowners are spectators sitting in ...
video
Refinance That Mortgage
Want to refinance your mortgage to a new lower interest rate? You should - the money you save could be so significant that it may even warrant going about it with this drastic measure...
Clark's Latest Tweets
.
Portions of Content Provided by Rovi
Corporation. © 2012 Rovi Corporation