Refinance Sunday – Will the Obama Refinance Plan Help You?
As many of you know, the Making Home Affordable plan is President Obama’s way to help you refinance. The plan is expected to help home owners refinance at the current historically low rates. This seems like a great idea in theory, but it is not working out exactly to plan. The problem that many borrowers [...]
Refinance Sunday – Mortgage Rates Under 4.9%
Each day we see news headlines such as the following “The Lowest Mortgage Rates in 50 Years.” While these headlines are true, things are a little bit different this time around. Mortgage rates are in fact under 4.9% but it is much harder to lock in at these historically low rates. In today’s housing market [...]
Refinance Sunday – March 22nd – Time to Refinance Now!
I am starting the column Refinance Sunday this week. It is going to be a column written each Sunday to assist and provide information about refinancing in the current housing market. Ultimately you will make the final decision but I will help to give you an objective prespective on the psychology of refinancing your home. [...]