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Under which situations would refinancing a home be a good idea?
Wiki User
∙ 11y ago
The best time to refinance a home is when the interest rate is low. Now is actually a great time to refinance if you can get a low interest rate.
Wiki User
∙ 11y ago
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What is considered a good refinance rate for a mortgage in Florida?
A good refinancing rate for a mortgage loan in Florida would be a very low rate. A rate under 5% would be a very good refinancing rate for a mortgage loan.
Where can one find information on mortgage refinance cost?
There are many sources of information on refinancing. Financial advisers would be a good option. The government has a site called Federal Serve that has a section on information about refinancing. Even the refinancing companies would be good places to look for information about the refinancing costs.
Are there good refinancing options in Florida?
Well to be honest, there are really no good refinancing options anywhere right now. Due to the poor economy, it would be very difficult to save money by refinancing your loans.
When is mortgage refinancing not a good idea?
Mortgage refinancing is not a good idea when you have had your mortgage for a long period of time.
What is a good reason for refinancing mortgage?
Mortgage refinancing can become a good option when you are facing foreclosure. Of course you have to make sure that you consult your realtor or lender first before doing any actions in relation to your mortgage refinancing plans.
How can I lower my mortgage through refinancing?
Mortgage refinancing is a good way to lower your mortgage. Refinancing brings your payments down by finding a better loan. Refinancing allows you to have lower monthly payments which will allow you to pay off your loan faster.
What website will give me information regarding the best refinancing of my home?
This website: http://www.mortgage-refinancing-reviews.com/ is a good place to compare refinancing companies, see what others think, and they even provide links that you can use to gather more information and apply for refinancing.
Where can one find some good underwater refinancing options?
There are numerous refinancing companies that one could look towards, the best option for anyone looking to refinance would be to start with a simple search and move from there to speak with a advisor.
Who does good refinancing for cars?
Gieco and Alstate refinance pretty good, you should check them out.
Where can a person get information for refinancing manufactured homes?
There are several good websites that give information for refinancing manufactured homes online. Two really good sources to check is with HUD (Housing and Urban Development) and FreddieMac. Local banks can also be a good source for learning about local lenders who handle refinancing manufactured homes.
How does one go about refinancing with bad credit?
If one has bad credit and wants to consider refinancing, one can seek the advice of a financial advisor or a debt consultant. It would also be a good idea to speak with someone at the bank that one currently is dealing with.
What is the criteria for getting a two and a half percent interest rate in Florida when refinancing?
In order to get a two and a half percent rate in Florida when refinancing you must apply under a FHA loan to refinance. Your income must be a certain amount and all previous payments must be current and in good standing.
