Reverse Mortgage

Chris O asked: We have 4 years left on our 5 year term of 5.1%….there is still 208k left on our mortgage, the table looks like we should have it paid off in 18 years. With rates the way they are, how do I figure out what point it makes sense to pay the penalty [...]

Alex C asked: My 2nd mortgage can be payoff in 8 years.Create a video blog…instantly.

ssk402000 asked: When I bought my house it was worth 291,000 where I made a down payment of 20,000 and now I am having an appraisal getting done and with the housing market as it is, i’m sure its worth much less. I originally had a 5 year ARM mortgage at a 5% rate but [...]

Julie D asked: with the fed cutting the rates so low, now would be a good time to think about refinancing right? my mortgage interest rate is currently 6.25 fixed, i think we owe about $95,000 on it. my husband and i have excellent credit, and we’ve been in our home for 5 years. would [...]

mzswales asked: special district taxes make up the majority of the property tax bill and are raised every year.So if the property tax is included in the mortgage that means everytime the property tax goes up the mortgage payment goes up too. My question is can you still get a fixed rate if property tax [...]

TJR asked: I’m looking for a better home loan mortgage rate than I currently have with my bank. So I am seriously considering refinancing. Does anyone know where I can currently check for the lowest refinance home mortgage rates?Content

nothingness asked: I recently visited the US. Everyone I know there that has a mortgage has gotten a fixed interest rate. There is virtually no difference in cost between fixed and variable rate mortgages. You can also fix for 30 years no problem. In Ireland it’s almost impossible to fix for more than 5 years [...]

cardinalfanusa asked: Mortgage rates? I keep hearing that mortgage rates will probably hold steady until mid-2008. They’ve already increased from 6.15 to 6.75 in the past 6 weeks. I’m building a house, and won’t be able to lock in a mortgage rate until probably mid-August. Should I “buy” my mortgage rate at 6.75% now for [...]

Martin9p2 asked: I bought several houses in my time and therefore thought I was an “expert” on getting a good mortgage. Now I’m looking for a straight answer on the best refinance rate, and a mortgage broker says pricing on loans includes factors that “were not there even one year ago”, such as: FICO score, [...]

JessicaZ asked: Hi, My husband and I bought our home 2 years ago on with an adjustable rate mortgage. The interest rate has now come up and we need to refinance. The problem is that our credit score is about 600. Can we get a refinance? Our home is worth about $240K, we have $25K [...]