Posts Tagged ‘past’

Mortgage Loan Turned Down For Past Credit Histories?

In: Mortgage Lenders

29 May 2010

I am applying for a mortgage loan and I know the system has changed because of the many foreclosures now. However I was turned down for past credit histories. I will admit I have about 1400 in hospital bills from back in 2003. Does this mean I can’t be financed with anyone at this [...]

Why are 30 year fixed mortgage rates increasing so much over the past month?

In: Mortgage Rate

27 May 2010

This is puzzling to me considering the economy and people’s need to refinance. You would think that the rates would drop or remain lower in order to encourage more buyers to enter the marketplace. So, why have average rates jumped from 5.75 to 6.50 over the last month? Will they drop back [...]


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  • burt p: yes, wil be lower. I found interesting information about your answer & the best options here. (mortg [...]
  • goz1111: obviously if you could refinance into one fixed rate loan the 1st and 2nd that would be your best be [...]
  • diesel6999999: I agree with John M. [...]
  • Knuckles: finance beginner course, a vertible law of finance is never make short-term debt to long-term debt. [...]
  • John M: depends on the interest rate you can get right now. use Microsoft Excel or any other financial calc [...]

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