Mortgage & Refinancing Information


The Real Truth About Those: Online Get a Better Loan Web Sites - 6 Things to Look For


You have seen the Commercials on TV go this or that web Site and Refinance your Home and Save thousands. Tempting isn't it? Do they really save you money?

But what if you need help or Advice? What if you have questions? Can an online Internet Robot Design a Mortgage Plan customized for your unique situation.

Here are 6 Reasons why a Financial Service Professional is better then those online Internet Robots

1 - Loan Maize

Their are hundreds of loan Types and Terms. Which is best for you? Before you go to the Internet learn a little about the loan Maize. Here is just a partial list of terms involved in the Maize.

First you Pick the Loan Length

  • Less then 15 Years
  • 15 Year
  • 20 Year
  • 30 Year
  • More then 30 Years

    Next Pick the Loan Type

  • First Trust Deed
  • Second Trust Deed
  • Home Improvement
  • Reverse Mortgage
  • Inverse Mortgage
  • Bi-Weekly Mortgage
  • Debt Consolidation
  • FHA
  • VA

    Now Mix and Match from some loan Terms

  • Fixed Rates
  • 30 due in 5
  • 30 due in 7
  • Fixed for 3 then Adjusts
  • Buy Downs
  • Arms
  • Steps
  • Interest Only
  • Fully Amortized
  • Ballons
  • Full Doc
  • Negative Amortization ARM
    MORE RESOURCES:

    USA TODAY

    Pros and Cons of a Mortgage Refinance
    FreeRateUpdate.com
    Many homeowners are jumping on the opportunity to save money with a mortgage refinance at the current low mortgage rates. With mortgage rates at historically low levels, some homeowners have refinanced more than once in the past several years which is ...
    Who Qualifies for the $26 Billion Foreclosure Settlement?TIME
    What $25 billion mortgage settlement will and won't do for homeownersThe Seattle Times

    all 3,580 news articles »


    Lenders say mortgage refinance deal will bolster Manatee market
    Bradenton Herald
    By JOSH SALMAN - jsalman@bradenton.com MANATEE -- A new refinance program to help underwater homeowners will uplift the local economy by putting extra cash into the pockets of those who will spend it, area lenders predict. The deal struck with five of ...

    and more »


    Mortgage-refinance bill a dangerous deal
    Arizona Republic
    by Robert Robb, columnist - Feb. 10, 2012 12:00 AM State Sen. Michele Reagan wants to help out underwater homeowners in the worst way. And she has succeeded with SB 1451 -- it's hard to imagine a worse bill. Reagan proposes to establish a state agency ...

    and more »


    Housing Wire

    Obama pressures Congress on mortgage refinance program
    Fox News
    WASHINGTON – President Obama is rallying support for his plan to expand government assistance to homeowners, pressuring Congress to help lower lending rates for millions of strapped homeowners. Obama, in his radio and Internet address Saturday, ...
    President Obama's Mortgage Refinance Plan Just a Bid for VotesYahoo! Contributors Network
    Obama Unveils Mortgage Refinance EndeavorsMortgageorb
    New Obama mortgage refinance plan to near $10 billionHousing Wire
    Go Banking Rates -CBS Moneywatch -MNI News
    all 1,239 news articles »


    MonitorBankRates.com

    Mortgage Refinance Rates: 15 Year Refinance Mortgage Rates at 3.29%
    MonitorBankRates.com
    Mortgage refinance rates on 30 year conforming home loans are averaging 3.98%, unchanged from yesterday's average 30 year mortgage refinance rate. Mortgage refinance rates today on 15 year home mortgage loans are averaging 3.29%, down from yesterday's ...

    and more »


    Harney: Reviewing Obama's mortgage refinance plan
    The Seattle Times
    Though it was pronounced dead-before-arrival by opponents on Capitol Hill, President Obama's new mortgage-refinancing package contained... By Kenneth R. Harney Mortgage refinancing is an outstanding plan particularly as the home mortgage rates are.

    and more »


    Fox News

    Obama Proposes Mortgage-Refinance Plan
    Wall Street Journal
    By NICK TIMIRAOS President Barack Obama called on Congress during Tuesday's State of the Union address to approve new legislation that would give all homeowners who are current on their mortgages the opportunity to refinance at record low mortgage ...
    Will Obama's Mortgage Refinance Plan Be D.O.A.?U.S. News & World Report
    Obama proposes mortgage refinance programPolitico (blog)
    Obama proposes new mortgage refinance programHousing Wire
    Daily Caller
    all 314 news articles »


    International Business Times

    FOX 11 News Discussion: State of the Union
    MyFox Los Angeles
    And he aimed a pitch at homeowners, announcing a new mortgage refinance program with "historically low interest rates" that "gives every responsible homeowner the chance to save about $3000 a year on their mortgage." He added, "A small fee on the ...
    Winning Words, But Not a WinnerU.S. News & World Report
    Obama State of the Union 2012: Mortgage Refinance Changes Face ObstaclesInternational Business Times

    all 12,250 news articles »


    CBS Local

    Six Questions on Obama's Mortgage Refinance Proposal
    Wall Street Journal (blog)
    By Nick Timiraos President Barack Obama said Tuesday night in his State of the Union address that he would send a plan to Congress to allow all homeowners who are current on their mortgages to refinance. Here's a quick look at the proposal: How is this ...
    Obama plan could help refinance Bay Area mortgagesSan Francisco Chronicle

    all 19 news articles »


    Bloomberg

    HARP Refi May Delay PMI Cancellation
    NASDAQ
    The federal HARP mortgage refinance program can be a huge boon for underwater homeowners. But if you have PMI, there's a little hitch you should know about. While refinancing a mortgage through HARP can cut your interest rate and save you money, ...
    New HARP Could Help Up to 6.7 MillionMortgageLoan.com

    all 56 news articles »

    Google News

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