Refinancing Home Mortgage
Last year, we coverted our one car garage to a living space by enclosing it, adding a window, finishing the floor. No plumbing is added. From outside, it still looks like a garage. We didn’t apply for a building permit. We are thinking of refinancing the mortgage. Note: It is in New York State. I [...]
In: Mortgage Rate
31 Jan 2010I bought an apartment in 2007 and the mortgage rate for 30 years is 6.5%. I recently went to a bank and they gave me the rate of 4.9% (as of April 09) for refinancing. It seems like Obama’s plan is working which is great. But do you think the rate will even go lower? [...]
In: Mortgage Payment
31 Jan 2010I am 30 days late already for my mortgage payment, how long will it take before the lender can start foreclosure?
In: Mortgage Lending
31 Jan 2010i received my good faith estimate and it stated my mortgage payments would be 1003.00 and when i looked at my truth in lending statement it said 769.00 a month, which one is correct.
looking to refinance my mortgage I am currently in a chapter 13 bankruptcy have been paying my mortgage and the trustee on time
In: Mortgage Rate
30 Jan 2010I am doing a regression analysis for a finance class, and I want to look at variables that affect the 30-Year Conventional Mortgage Rate. (eg. 10 yr Treasury note rates).
I just need suggestions on variables that may affect mortgage rates. Thank you!
In: Mortgage Payment
30 Jan 2010I have a client that needs to make his late mortgage payment; up to date before we can process his loan and close it. He only needs $3000. What options do we have?
In: Mortgage Lending
30 Jan 2010I have inherited some money and I want to use it to pay down the debt on my house and to make the payments lower. Would it be better to pay the mortgage down $100K and then refinance the $75K balance or Should I refinance the $175K and put a downpayment of $100K? Maybe it [...]
In: Mortgage Rate
29 Jan 2010I have an adj mortg rate, that’s set to renew in september, and with mortg rates being low right now, could it go lower than it is now? Right now it’s high, and that’s what my mortgage started with…not a low int rate.
one has a ARM(Libor index), and the other is a fixed rate.
This is about mortgage information questions.