Everyone talks about bad credit. But what about those with good credit? If your credit is excellent, what benefits does that bring and what should you be looking for when you get a loan?
Archive | Mortgage Rates
Low Long-Term Rates Sustain Refinance Boom
by Clayton Closson on February 7, 2007 in Mortgage Rates
Long-term interest rates remain low and continue to drive the refinance boom. The housing market is looking a bit better while homeowners continue to refinance their ARMs into fixed-rate mortgages.
Don’t Fall Victim to Mortgage Fraud
by Clayton Closson on February 2, 2007 in Mortgage Rates
Mortgage fraud is on the rise and it's important to know what signs to look for in order not to fall victim to it, especially when a home is your biggest investment.
Don't Fall Victim to Mortgage Fraud
by Clayton Closson on February 2, 2007 in Mortgage Rates
Mortgage fraud is on the rise and it's important to know what signs to look for in order not to fall victim to it, especially when a home is your biggest investment.
Long-Term Mortgage Rates Stimulate Housing
by Clayton Closson on January 18, 2007 in Mortgage Rates
The housing market is showing more evidence of stabilization. What factors are causing this and will the market continue to strengthen?
Refinance Activity Continues to Surge
by Clayton Closson on January 17, 2007 in Mortgage Rates
Low long-term rates continues to stimulate homeowners refinancing their mortgages. They're moving from adjustable to fixed-rate mortgages to avoid fluctuations with their interest rates and monthly mortgage payments. Will the strength of the market last?
Mortgage Myth: Never Refinance Your Mortgage
by Clayton Closson on January 5, 2007 in Mortgage Rates
Are you one of those folks who thinks you should never refinance your mortgage? Maybe it's time to re-think that idea. There are times when it may make good sense for you to do so.
Refi Boom Accelerating On Low Long-Term Interest Rates
by Clayton Closson on December 6, 2006 in Mortgage Rates
Long-term fixed mortgage rates have dropped again to the lowest level of the year, giving home buyers and homeowners good reason to buy homes and refinance their mortgages. What will rates do in the near future?
Year’s Lowest Long-Term Rates Mean Opportunity
by Clayton Closson on November 22, 2006 in Mortgage Rates
Even though the number of mortgage applications has dropped, long-term rates have reached their lowest point of the entire year. This presents a great opportunity for homeowners looking to refinance, especially if you have an adjustable rate mortgage.
Refinance Your Investment Property
by Clayton Closson on November 17, 2006 in Mortgage Rates
Long-term interest rates are near historic lows, making it a good time for investors to refinance your investment property. You can increase the equity in your investment property by remodeling or you can convert the equity into cash to invest in additional properties.
