Low Mortgage Rates: 7 Things You Need to Know to Refinance

Tickets

Good afternoon friends ;) Just want to say thanks, for your help and all information. Here I can find all information I need! ;).

I am from Niger and also now'm speaking English, give please true I wrote the following sentence: "Chinese new year airfares finding cheap airfares, discounted airline tickets, and bargain travel deals."

With best wishes :-D, Aiyana.

Aiyana of OR @ Mar 30, 2009 14:58:21 PM

A Five hundred dollar fee even if you don't take their offer!

I was recently laid off from my part time job and so my husband and I called our lender, First Horizon to inquire about a possible refinance to make adjusting to one income easier to manage. (I do realize how blessed we are to have the one income.)In minutes we were told we would qualify but there were no specific answers available about the actual closing costs. Still we were lead to believe that it would run $2,500 to $3,000 so we asked that they send us the full information. Our lender over nighted a full loan application! But with closing costs written at $6,000 and they did not set up the loan as we had asked at all. We had never signed anything and had only given the loan agent information on the phone. When the loan application came so very quickly and was not written as we expected and with closing costs double what expected, we got spooked and just emailed the loan officer that we were not going to do a re-fi right now but maybe later. I received a letter from our lender, First Horizon stating that they are going to bill our credit card company $500 dollars because we did not go through with their offer! This is supposedly legal because deep in the last pages of the loan application is a statement saying that by law the lender can charge this fee. I could maybe understand a $50.00 fee for the paper work as long as the lender warns you up front that you will be charged that fee. But $500.00 is outlandish when you have no way of knowing the charge will be made until it is too late. You really need to warn people that just finding out if refinancing will help you is going to cost you $500.00. Lesson here. NEVER, NEVER TRUST A MORTGAGE PERSON OF ANY KIND!

Chris of TN @ Mar 26, 2009 10:15:33 AM

caps on!

Come on ROBERTO GARAPOLO of GA and VINNY of CT how about giving the rest of us a break and taking the caps off!

thanks!!

curt of AL @ Mar 25, 2009 13:10:20 PM

9% to14% to 13%

WOW BLESS THEIR HEARTS----- APPARENTLY YOU ARE IN TROUBLE AND THE ONLY APPARENT WAY OUT IS TO REFINANCE. FIRST YOU MUST IMPROVE YOUR CREDIT SCORES SO A PRIME INTEREST RATE CAN BE REALIZED.

IF YOU HAVE CONSISTANTLY PAID YOUR HOME MORTGAGE DEBT YOU SHOULD BE IN A POSITION TO NEGOTIATE A FAVORABLE RATE-- YOU CAN ALSO REDUCE YOUR OVERALL DEBT BY GETTING A SECOND JOB/

IT IS POSSIBLE TO GET WORK EVEN IN THESE TOUGH TIMES OR YOU CAN WALK AWAY FROM YOUR HOME AND HAVE THE REST OF THE U.S. WORKING PUBLIC PAY FOR A HOME YOU PROBABLY COULD NOT AFFORD IN THE FIRST PLACE. YOU BANKER SOUNDS LIKE A GAUGING LENDER SO WHY CONTINUE TO DO BUSINESS WITH HIM

ROBERTO GARAPOLO of GA @ Mar 21, 2009 21:34:06 PM

REFI. OR DEFAULT

I;VE BEEN CURRANT ON MY MORTGAGE, BUT NOW I NEED HELP. AFTER READING ALL THE NEWS THE LAST FEW DAYS, THEIR IS NOTHING IN IT FOR ME. WAS TOLD TO DEFAULT THEN MAYBE WE CAN DO SOMETHING, I SAID NO I DONT WANT TO DEFAULT, THEN WE CANT HELP YOU. SO I SAID AFTER ALL THEESE YEARS WITH YOU, HERE ARE THE KEYS TO MY HOUSE NOW YOU YOU TAKE CAR OF IT, I NO LONGER NEED YOUR CRDEIT NOR HELP.THE HOUSE IS WORTH LESS NOW, AND THE MORTGAGE IS HIGH, I WAS WILLING TO STAY AND PAY BUT THEY HAVE OTHER IDEAS. THIS BANK IS NOT A FHA LOAN BANK ITS A LOCAL YOKAL BANK.

VINNY of CT @ Mar 19, 2009 14:52:40 PM

Refinance

I have a 5.25 ARM due by August, 2009, My balance is $114,000 on a $210,000 house. Me and my husband both have excellent credit. INGDirect has a 5/1 arm for 4.5% with a low fee like

$1,400 closing cost. Is this a good deal, I know regular banks charged more than $3,000 closing fees. I really want to do fixed

but I'm worried about closing costs, I don't want to add it to my balance I want to pay it upfront. I need a good advice. Thanks

Cece of IA @ Mar 18, 2009 22:57:48 PM

Help!

Our interest rate went from 9% to 14% last year. We called our lender to rework our loan and lower our interest rate, well after over a year the lender sends us our paper with the new interest rate of 13%. WOW, bless their hearts, it doesn't help us at all. Does anyone have any suggestions?

Alica White of MO @ Feb 10, 2009 13:58:17 PM

mortgage rates

I have a mortgage of 104000 with a rate of 6.75% fix for 30yrs. should irefi.

lawrence of NY @ Feb 04, 2009 16:44:40 PM