If the Fed's cuts succeed in stimulating the economy, then mortgage rates are actually likely to rise, |
If the Fed's cuts succeed in stimulating the economy, then mortgage rates are actually likely to rise. |
If you pay points up front, it's harder to get your money back. When rates are high, borrowers have to pay points to trim rates any way they can, but with rates so low there is really no need to pay those points. |
If you re-extend from 15 years back out to 30 years, that might reduce your monthly payment by 30 percent, ... If there isn't a likelihood that you'll pay off your mortgage, the re-extension of the term of your loan could measurably improve your cash flow. |
If you're a good credit borrower you can challenge fees if they seem excessive. |
If you're making a pre-payment on your mortgage principal, ultimately you'll pay less interest, |
If you're the gambling sort, you could get into an interest-only product and bet that the market will build equity for you. |
If you've already got one set up, you're good to go. |
If you've refinanced in the last 18 months or two years, this movie's a rerun. Rates aren't at compellingly low levels. |
In many markets, it's possible to borrow at prime or even a quarter to a half a percentage point below prime. |
It certainly could cause a change to the marketplace, ... But you're trying to talk about whether the 14th card might fall when first one hasn't fallen yet. |
It doesn't sound like either of them got a particularly good deal. |
Lenders are allowing people reasonably unfettered access to their equity. |
Leveraging yourself out at a time when (home) prices are very high certainly could set you up for difficult times. |
Listing the person with the higher credit score as the primary borrower, ... may knock as much as two percentage points off the interest rate. |