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Refinance?This is a discussion on Refinance? within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; For you financially astute posters out there, with the recent Fannie Mae, Freddie Mac situation, is not a good time ... |
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| Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of. |
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For you financially astute posters out there, with the recent Fannie Mae, Freddie Mac situation, is not a good time to refinance? I have had a 30 yr for about 5 yrs now with a rate at about 6.5% (which sucks). ...
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