Refinance - Page 7

Refinance wait times are about to get very long. Lenders weren't prepared. Here's how to refinance without waiting 60 days or more.

A refinance calculator can make it easier to decide whether to refinance. Here's one to try.

Refinance rates are so low that nearly 10 million people, conservatively, can save hundreds per month. Are you among those who could save?

Home equity is up and rates are down. But homeowners refuse to tap into equity for major financial goals like a college education or home improvements. Is that a mistake?

Home refinance rates have slipped more than a full percentage point since November. They're already near historic lows, could they go lower?

The USDA has launched its own version of the streamlined refinance program, similar to HARP and the FHA streamline refinance. No credit scores, no appraisals, and very low mortgage rates.

Many homeowners refinance for lower payments or interest rates. Here's what you need to know about your options and some pitfalls.

A few months ago, it didn't make sense for many homeowners to refinance. But almost overnight, nearly 5 million of them can cut their monthly payments. What's going on?

You can save on your house payment without refinancing your mortgage. And it can be cheaper and faster. That's because your monthly housing expense is not just your mortgage principal and interest. It includes property taxes and homeowners insurance. 

If you have been wanting to refinance but had a hard time getting approved, 2019 might be your year. Lenders are allowing higher debt-to-income ratios, average credit scores for approved loans are falling, and down payments / equity are lower.

Thinking of renovating in 2019? You might want to add a few basic safety features to your tick list. According to a new study, a large number of homeowners are woefully underprepared for emergencies — especially house fires. 

Even if you were turned down for a mortgage refinance when rates were at their lowest, you may still be able to benefit. Credit scores and home equity are on the rise, making borrowers more attractive. See if you can refinance now.

"Submission to underwriting" is progress. It means that you have completed your mortgage application and most likely passed an initial screening by an automated underwriting software program. But you'll have to back up what you stated on your loan application with documents. Submission to underwriting means a human is look

Many homeowners refinance for lower payments or interest rates. Here's what you need to know about your options and some pitfalls.

If you're wondering when to refinance, consider your objectives and see if you'll pay less interest, reduce your payment, or lower your overall costs.

You can apply for a mortgage refinance in person, over the phone or online. Just make sure that the company is legitimate before providing personal information online or over the phone.

What's an escrow refund? When you refinance, sell your home or have an annual adjustment, your mortgage lender might owe you some money. Here's how to get it back.