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Is house refinancing the right thing if you have high payments?
Wiki User
∙ 12y ago
Given that the current rates are at a historic low, it is an excellent move. Currently though with the economy and mortgage crisis, housing prices have dropped. So, it has been difficult for the average person to obtain a mortgage refinance because the main reason is people have lost equity in their homes, and mortgage companies want people to have at least 20% equity in their homes.
Wiki User
∙ 12y ago
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How do I go about refinancing my mortgage?
Refinancing is something you should research to make sure it will benefit you. The best thing to do is talk to you lender to see if you will benefit from refinancing.
What the best thing to do if I am not behind on payments yet but just can't afford mortgage anymore?
Sell the house.
What are some house refinancing tips for senior citizens?
The first would be not to fall prey to the reverse mortgage trick. Seniors will basically be giving their home away. The best thing to do is use the equity in their house to pay off higher interest bills.
What are some things to keep in mind when refinancing a car?
There are a few things that one can keep in mind when refinancing a car. One of the key components of any car dealership transaction is the rate of interest, as well as the state of one's financial credit when refinancing a car. Another thing would be the length of the loan when refinancing a car. These are some of the things that one should keep in mind when refinancing a car.
How can I try and refinance my house?
The best thing one can do when it comes to refinancing their home is to shop around to different financial institutions to get the best rates. Different banks have different interest rates and fees so shop wisely.
Where can one find advice on a house mortgage refinance?
There are many places one can find information on refinancing a home mortgage. The best thing to do is contact your current lender or your current bank. You can also contact Lending Tree.
Where can one find information on refinancing with no closing costs?
There is no such thing as no cost re-financing, as all refinancing comes with a price. However the best place to find information is in financial magazines such as Forbes or your local consumer magazine.
What is the hardest thing to change on a vehicle?
the payments
Is a house a thing or place?
A house is a thing.
What did the demonstrators outside the white house say was the one thing more that they needed?
the right to vote
Where is this house thing on moish monsters?
on the right bottom corner on your screen. you should know that by now.
Is house a thing?
A house is a thing.
