Category Archives: Interest Rates

Refinance Volume Continues Upward Trend

Conventional refinances continue to be hot in 2012.  Regardless of the value of their homes, owners are taking advantage of historically low-interest rates. Information taken from Mortgage News Daily – Refinancing through Freddie Mae and Fannie Mae jumped sharply in August … Continue reading

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3 Refinance Trends in 2012 – Likely to Continue

Remember the days of the ‘cash out refi’?  When homeowners eager to make a large purchase, consolidate debt, or splurge on a big vacation, would pull money (equity) out of their homes through a refinance. Those days seem to be … Continue reading

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Want A Better Mortgage Loan Rate?

Originally posted on The Joy of Tax Law:
If you want a better loan rate than your mortgage lender is offering, you might be able to buy it down via points. Each point is one percent of the mortgage amount…

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Ever Wonder How Your Mortgage Rates Are Determined?

Pop Quiz.  Which of the following is a factor in determining your individual mortgage rate? a) Your Loan Term b) Ben Bernanke and the FED c) The little old man behind the green curtain One of the more frequently asked questions … Continue reading

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