Advice On Refinancing Links

Mortgage Q&A: Running the numbers on refinancing

Q. I'd like your sage advice on whether you think I should consider refinancing. My current loan balance is $250,000 with a fixed interest rate of 5.50 percent on a 20-year term. Our monthly principal-and-interest payment is $2,710. Our property is worth at least $600,000. I have been making an ...

Mass refinancing: The ‘biggest thing’ Obama can do without Congress

From 2001 to 2003, Glenn Hubbard served as President George W. Bush’s chief economist. Today, he’s dean of Columbia University’s School of Business and one of Mitt Romney’s top economic advisers. But right now, the candidate who could most benefit from his advice is President Obama. Hubbard is an advocate for using Fannie Mae and Freddie Mac to set off a nationwide wave of mortgage refinancing ...

Franklin saves money by refinancing bonds

Thanks to lower interest rates, the town is saving money by refinancing old bonds.

To pay for your kid's college, HELOC or refi?

Dear Dr. Don,Is it better to finance my two children's college through a home refinance or by taking out an equity line of credit? What are the tax advantages/disadvantages of the two options? If I take ...

Is a cash-out home refinancing right for you?

Dear Dr. Don,I have a question of whether to refinance. We have been in our home for 21 years and are not close to retirement. Our ages are 49 and 51, and we have a first and second mortgage. The first ...