loan to value: Give YourSelf a Raise - Refinance - 02/13/12 05:43 AM
Give YourSelf a Raise - Refinance
Everyone knows that interest rates are at an all time low. But do you know what that means as far as dollars in your pocket?
Here are two examples of the financial benefits of refinancing and why you should make this a priority on your do list. 
The Immediate Return: If you currently have a loan amount of $300,000. with a interest rate of 6% you are paying approximately $1798 per month (principle and interest only). With the example below you could be saving as much as $400 a month if you went from a … (2 comments)

loan to value: New HARP Refinance Guidelines - 12/29/11 06:59 AM
The New HARP Refinance Guidelines has been update. This is great news for those homeowners under water. If you have a FannieMae or FreddieMac loan you might be eligible to refinance and take advantage of the lower interest rates. With a lower rate you could take the extra money and pay off that debt and / or build your nest egg. In a recent article I wrote, "Refinancing Can Help Build Your Nest Egg" I have examples of how much you can save by lowering your interest rate just 1%.
Here are a few of the changes for HARP Refinancing:
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loan to value: Help For Underwater Homeowners - 10/25/11 12:06 AM
Help For Underwater Homeowners
The federal government announced on October 24, 2011 that there is help for homeowners who want to refinance their current mortgage and take advantage of the low interest rates using the HARP program.
The HARP program is not new, it has been around since 2009. What is new are the changes to the guidelines. These new changes will help more homeowners to lower their monthly mortgage payment.
The biggest changes are:
Removing the 125% LTV (loan to value) ceiling Eliminating the need for a new appraisal Waiving certain representations and warranties that lenders commit to in making … (2 comments)