Is refinancing before retirement wise?
Is refinancing before retirement wise?
For some homeowners, opting for a mortgage refinance requires a simple math problem to determine how much they can save with a lower interest rate.
Read more on Bankrate.com
Fixed mortgage rates hit lowest levels for 2011
Fixed mortgage rates have fallen to their lowest levels of the year, giving Americans more incentive to buy homes or refinance their loans. Freddie Mac said Thursday the average rate on the 30-year loan fell to 4.63 percent from 4.71.
Read more on The Tennessean
Refinance while loan rates are rock bottom
Dear Dr. Don, Our lender offered refinancing at a lower payment or adding $ 50 more to the current payment and cutting the years I owe. I don’t understand how this works. I have a 30-year, fixed-rate mortgage that I have been paying on for five years at 6.75 percent interest.
Read more on Bankrate.com
Related posts:
- Is Refinancing Before Retirement Wise
- Fixed mortgage rates hit lowest levels for 2011
- Fixed mortgage rates hit lowest levels for 2011
- Latest Mortgage Loan Refinance News
- Where can I find the lowest mortgage rates and refinance rates in the USA on the internet?
