freeprofitableniche.com

Mortgage Strategies for the Inexperienced

dlachel392005 asked:


I am on a adjustable rate mortgage and would like to go to a fixed mortgage with lower rate? I don’t know who to go to for the refinancing, My Bank or credit union?

louisboyd@sbcglobal.net asked:


I was looking into refinancing my home to get my mortgage rate lower than what it already is. i think I’m paying too much for the area I live in.

joedeshon asked:


I’m thinking that there is some rule that says something like “Refinancing your home makes sense only if you intend to stay in the same house at least “X” number of years and you can reduce your rate by at least “X” percentage points. Is there such a rule?

Lynn asked:


We are self employed and our family has helped us purchase our home with a balloon note. We will refinance within two years to take their home off as collateral on the loan. Is the process of refinancing easier than the process of buying?