Mortgage rates hit record low for third week in a row
Mortgage rates hit record low for third week in a row
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Should I refinance my underwater mortgage?
Dear Dr. Don, I have an existing 5/1 adjustable-rate mortgage, and my house is underwater. My loan adjusted three years ago. Although my rate is low now, I want to refinance to a fixed rate, but I don't have any equity in the home. My house is appraised at $310,000, but I owe $327,000.
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Mortgage rates hit record low again
Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.
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The High Costs of a Low-Rate Mortgage
Factoring in unexpected costs
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Factors that influence your refinance rate
Rock-bottom mortgage rates entice homeowners to refinance , but many borrowers are surprised to find that the advertised mortgage rate is not necessarily the refinance rate they will be offered.
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