Reverse Mortgage

JPA asked: The Fed is expected to drop interest rates again soon (50 basis points, maybe as much as 75 basis points). How is that likely to affect the mortgage refinance rates (would it be better to wait a few days or to refinance now)? ThanksWebsite content

ajude asked: Currently looking at refinancing home, but can’t decide if it would be better to add additional monies to current mortgage to lower amount to be refinanced, or refinance and put that sum onto new mortgage.Content

jbatschool asked: I am not sure whether to refinance with debt consolidation, cash out or a home equity loan or line of credit.Create a video blog…instantly.

Amit Gupta asked: Are refinancing and mortgage rates different? Also, is refinancing closing cost higher than mortgage closing when buying new home. I bought a home 10yrs-Fixed-ARM in June’07 at 6.25 and now the rates are 5.75. I will save $200 per-month if I get 5.75. Should I refinance? Advise please. I have good credit.Content [...]

Fran H asked: I just want to find out basic info about getting a mortgage, refinancing, home loans, fannie Mae, etc? Is there a place like a mortgageguidance.info ? website or something? FHA? South Bay?Create a video blog

Bewildered asked: I have a loan contract with a person on the title (individual property grant deed) in which the contract for the loan “shall continue until the property is sold”. Even though I am not selling the property, I have offered a buyout amount for his 10% share and he is threatening to block [...]

Claudio F asked: I know that points reduce the interest rate and they can be deducted during the life of the mortgage, but does it really make sense financially to buy mortgage points or do they cost more than the benefit they offer?Create a video blog…instantly.

frankcortez011 asked: what is a good, best or clever way to generate mortgage leads(refinancing or purchasing).Content

#125 asked: If by refinancing, what are the best places to refinance? Do you recommend refinancing now? Are there any other options to lower payments?Website content

Goddess asked: Would it be worth refinancing a home loan to get a lower rate? We could decrease the rate from 6.5 to 5.5 but it would add $12,000 to my current loan amount. It would remain a 30 year fixed. We’d also get to skip two months of payments (which is actually added into [...]