Information about ‘mortgage’

What’s the catch w/refinancing mortgage at lower rate? Flagship Financial Group LLC wants to refinance our home. We have VA loan & Flagship wants it. Our home, like most people, has gone down in value from what we purchased it at. Flagship has no income or employment requirement & there will be no out of [...]

i have five years left on a 10 year fixed rate mortgage at 5.125%. can i refinance now at lower rates? I want to take advantage of lower interest rates. I currently owe $ 86,500 on my mortgage. I have five years left on a ten year fixed rate mortgage. is there any type of [...]

What is the lowest credit rating most lenders require to get the best rate on an owner-occupied mortgage loan? Answer by SG EliteIt various from lenders to lenders.

Lowest current mortgage rates? Just wanted to know what the current lowest mortgage rates are. I was hoping to be able to get one around 4% but I was told that it’s only ranging between 5.35% and 5.5% right now, is this true or can you get one lower? Answer by phaldoDepends on the terms [...]

Will the big federal interest rate cut today lower mortgage interest rates? Answer by ozarks bumRealtors and some banks will tell you that the Fed rate has nothing to do with mortgage interest rates directly. Since the Fed rate is the amount charged for loans between banking institutions, if it is lower, they have the [...]

What is the average Mortgage rate as of 12-1-2008? We are looking for a house, and we are trying to reap the benefits of the condition of the housing market. We are looking for the lowest rate we can find. We have been estimated at 6.37%, but we want to see if there is any [...]

When we will get the lower mortgage rate ???? Fed. lower the rate to 0-1% , is that the prime rate ?? If yes then the morgage rate should be around Prime + 1% = 2% Am I dreaming ?? So when will we get the lower rate on ortgage ?? Answer by Steve DThe [...]

Credit Score of 725, should I be able to qualify for the lowest mortgage rates? Answer by Laissez-Faire GuyThat’s a pretty good score. I don’t know about getting the very lowest mortgage rates, but you should certainly get good deals.

How to have your mortgage payments at a lower rate when shopping for a loan for a property? What is the tax benefit of home mortgage? Why is there variation in HOA fees? I am looking to have my monthly payments at lowest possible in that range of loan. Answer by Rachel RTax benefits…interests is [...]

How can i get low interest rate mortgage loan? My household (my self and my wife) income is around 42K per year. I am planing to buy house. will i get any low interest rate because of low income. my credit score is really good above 800. Answer by rashiracerInterest rate is more dependent on [...]