Where can I find the lowest mortgage rates and refinance rates in the USA on the internet?
Do you think the rates have hit bottom? We like to use a local mortgage broker but the last time they did not over us the lowest rate out there. We knew the lowest rate from bankrate.com so we got it. Bankrate.com no longer lists the lowest rates in the US. Need another source- I suggest you stick with a LOCAL lender to prevent problems with low appraisals, and other pitfalls of using the internet for such a transaction. I know, as I have had customers come back to me and tell their horror stories, and some never got their loan, coming back to me to do it. This is a process best left to an expert in your area, and price should be a consideration, but the rock - bottom price, is NOT always the best "deal". Trust me, I know. Shop for knoweldge, and then rates, and then cost. In that order. Cost will be very close as I am in the business, and have to be competative, and still my conscience and integrity, keeps me doing a good job for my customers
- bloomberg.com you can get all financial news
- It's not just the rates you want to compare, look at the total loan package. I just had a client go to an internet lender for a quote and the GFE was $5, 000 more than the local lender, and if the refinanced in less than 5 years, there was a big penalty
- No. they got real low last week and shot back up. The economy is not in good shape and combined with the housing crisis, I think the govt will try to further stimulate it. Rates havent gone down enough to spur the slow housing market. Plus in an election year, rates usually go down some more
- First off, be careful giving information over the internet to companies. They may be based overseas and may not have to honor the privacy act here. You are opening yourself up to iden y theft. Second, the lowest rate may not always be the best way to go. How much does it cost for the rate? How long will it take you to recoup the costs? HOw long do you plan on staying there. Your best bet is to find a local lender who maintains their client database who will look out for you when rates drop. Also, when you are calling around for rates, be sure they know are you going full document or stated, purchase, or refinance, loan to value, cash out, rate and term, etc. If you call around and they give you a rate without asking you the right questions then they are just throwing numbers out there and be prepared for bait and switch later. Your home is most likely the largest purchase you will ever make, so you should find a true, knowledgable professional. AFter all, if you have to have a life saving surgery would you go onto the internet to find the cheapest surgeon? ASk your friends who they use and if their lender keeps in contact with them
- Make sure to price out your loan with your LOCAL banks and mortgage brokers only. A lot people giving advice on here are also looking to give you a loan its not advice, its advertising, if they are not local to you and you can?t get to them within 1 hour don?t fall for it. They say they are licensed in all 50 states, what does that mean? Which state do you have to look in first if something goes wrong? KEEP IT LOCAL; do not GET RIPPED - OFF BY SOMEONE IN WHO KNOWS WHERE WHICH YOU WOULD HAVE NO DIRECT ACCESS TO. Remember Buddha's advice: "Believe nothing, no matter where you read it or who has said it, not even if I have said it, unless it agrees with your own reason and your own common sense. " You are the only "expert" you can trust: All brokers, and every other loan officer guru giving advice here with a.com or contact me at the end is "selling" you something its not advice, its advertising. do not buy "it. "
Knowledge Base
where can I find a mortgage refinance if I have bad credit?
it depends on how much equity you have in the house. lendingtree.com, eloan.com refinanace. ameriquestmortgage.com mortgageloan.com. i'd be happy to point you in the direction of a good and fair mortgage broker. i was in the residential lending market for years before moving into commercial real estate. also, if you (mortgage refinance rates)
Do we need to get a new le insurance when we refinance our home mortgage loan?
we bought a le insurance when we first got our home loan. we are now refinancing with another bank and they are requiring us to get a new le insurance. is this right?. i work at a mortgage company, and most banks require le insurance for every mortgage that they (home mortgage refinance loan)
What is the best refinance plan to reduce my monthly mortgage payments?
i am looking for the best plan as in: - not getting my face ripped off in closing cost - not increasing my current interest rate of 5. 8 to something over 8% - not having to pay thousands in points it seems i am having the same dilemna as (home mortgage refinance loan)
Knowledge Base: Mortgage Refinance
I am looking for the best mortgage company for a refinance. Two criteria, low interest rate and low fees. ?
does anyone have any suggestion? where to look, what to stay away from or tricks of the trade. made a poor decision on our present mortgage and do not want to do a repeat. am locked in on present note for 45 more days and then we want out. looking (best refinance mortgage)
Can I refinance a mortgage with bad credit?
i have been in the house 8 years and have a rate of 7 for 30 years. i have bad credit and wonder if it would benefit me to refinance to a lower rate?. no. tom only a lender can tell you for sure. depends on what you mean by (mortgage refinance rates)
How can I get a High - LTV ration mortgage refinance loan?
i have a recently purchased condo in dc with a value that continues to tank with the economy. currently have 2 mortgages on it making the ltv somewhere in the neighborhood of 110 percent. looking to refinance i have relatively high income, excellent credit property value approximately $250, 000 and (best refinance mortgage)
how do i get the best mortgage refinance?
hey kevin, it may sound left field, but i'd go for an interest only mortgage. you can take the difference in payment and put it in a vehicle that's safe, liquid, and earning interest even a savings account. most do not do it because most do not understand the risk (mortgage refinance loans)
best bank to refinance mortgage?
what would be the best bak of choice to refinance my mortgage?. that's a trick question. i would suggest you first ask your regular banking account manager. === if i was paying off a mortgage - and never missed a pymt - ? i'd go shopping for money. where. ? (refinance mortgage bad credit)
Knowledge Base: Mortgage Refinance Rates
mortgage / refinance?
based off of the most common outlook for the housing and financial markets, are mortgage and refinance rates going to decrease?. they are not directly related. you are talking about two different markets - housing and financial. and mortgage rates are actually rising right now as the housing market continues (mortgage refinance rates)
Where can I find the lowest mortgage rates and refinance rates in the USA on the internet?
do you think the rates have hit bottom? we like to use a local mortgage broker but the last time they did not over us the lowest rate out there. we knew the lowest rate from bankrate.com so we got it. bankrate.com no longer lists the lowest rates in the (mortgage refinance rates)
I have a mortgage I want to refinance to get the new lower rates. Which bank should I go to?
which bank and what rates, terms can i get now? i have very good credit, never missed a payment. the rates the mortgage broker gave us 2 years ago were horrible, and we never pay off the principal. i want to pay off the principal with good rates. which bank (mortgage refinance rates)
Are the interest rates the same between people who take a new mortgage and those who refinance?
i want to take advantage of the decline in intest rates by refinancing my mortgage. when i search online i find a lot of rates quoted for new loans but not much for refinancing. is it safe to ume the refinancing rates will be similar to the new buyer's rates (mortgage refinance rates)
Mortgage Rates - Refinance?
i live in virginia and recently purchased a home. this is my second mortgage. i had no idea how much mortgage rates had increased. i am paying 6. 75 as compared to 6. 125. are mortgage rates expected to climb or is it possible for me to refinance and get (mortgage refinance rates)
