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Chapter 13 refinancing mortgage with 700 credit score your interest would be 7 percent can you get better than this?
Wiki User
∙ 18y ago
There are many companies that do Chapter 13 refinancing and there are many factors that might impact your ability to better (or worse) than 7%. Important factors would include income, expenses and debt to equity ratio. Just do a Google search for the phrase "chapter 13 refinance" and you see plenty of places where where you can shop around.
Wiki User
∙ 18y ago
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What is the average interest for lowest refinance mortgage rate?
The average interest for the lowest refinancing mortgage rate depends on the company and how long one has been paying the loan and the value of what is left. An example is one to four percent interest rate.
What are typical rates for mortgage refinancing?
To prepare your finances in order to start refinancing, its important to make sure that the current mortgage contract will not have any penalties or charges for cancelling that loan. Current refinancing rates are 4.33 percent for a 30 year mortgage and 3.56 percent for a 15 year.
What recent development spurred activity in the mortgage financing industry?
When average interest rates dipped below 7 percent in 2001 and below 6 percent in 2002, the industry saw an unprecedented spike in refinancing activity, which fueled a record volume of mortgage originations in both years
What is considered a good interest rate on a mortgage?
A good interest rate on a mortgage in 2014 is 4.2 percent. This varies greatly depending on the type of mortgage and the credit score of the applicant.
How can you lower your house mortgage?
Refinancing is one way to lower your mortgage on a house. To start out with the lowest rate is to shop around with different banks to give you the lowest percent rate. Take your time, you want the best mortgage for you.
What is the good interest rate on an mortgage loan is what percent?
The answer depends on whether you are the lender or the borrower and also in the country that you get the mortgage in.
How low is classified as the lowest interest mortgage rate?
The lowest interest mortgage rates are reported to be at around 2.6 to 2.8 percent. Some can even go as low as 2.5 percent, but these sources are less reliable.
Does Abbey Mortgage have good interest rates?
Abbey Mortgage are mortgages in the United Kingdoms. They have an interest rate of 4.2 percent. That is about the same as an american interest rate, so I would say yes, they do.
What is a 4 percent difference on a mortgage?
4% difference on the interest rate of the mortgage. IE: One mortgage could be 7% and the other could be 3% so there is a 4% difference in the interest rate of the two mortgages.
What does the term jumbo mortgage rate refer to?
A jumbo mortgage is an amount borrowed that is over the conventional limits. A jumbo mortgage rate is the percent interest to be paid on this inflated mortgage.
What is the normally range for a bank mortgage interest rate?
The average bank mortgage interest rate is around 3.05 percent. Keep in mind that this may vary based on other factors such as your credit score and the amount of the mortgage.
Roberto has a mortgage of 89500 at 8.5 percent for 20 years Find the total interest?
$96,946.40
