Refinance

Everything you’ve ever wanted to know about refinancing a mortgage.

Star Financial Debt Free in 10 Mortgage Review

Star Financial Debt Free in 10 Mortgage Review
February 13, 2012 No Comments »

Every once in a while I take a look at certain mortgage products I see advertised to determine if they make any sense for homeowners. Today we’ll take a look at Star Financial’s “Debt Free in 10 Mortgage,” which put ... Read More »

Do I Qualify for the National Mortgage Settlement?

Do I Qualify for the National Mortgage Settlement?
February 9, 2012 16 Comments »

In case you haven’t heard by now, the so-called “National Mortgage Settlement” was finalized today. It’s the largest multi-state settlement since the Tobacco Settlement back in 1998, related to robosigning allegations that took place over the past several years. Essentially, ... Read More »

Bank of America Has a Waiting List to Refinance

Bank of America Has a Waiting List to Refinance
February 9, 2012 3 Comments »

If you’re interested in refinancing your mortgage with Bank of America, you may be in for a big surprise. Per Bloomberg, the mega bank has been unable to keep up with demand, thanks in part to HARP Phase II, which ... Read More »

Obama’s Broad Based Refinancing Plan

Obama’s Broad Based Refinancing Plan
February 1, 2012 2 Comments »

It took a few weeks, but we’ve finally got concrete details regarding the Obama Administration’s so-called “Broad Based Refinancing Plan.” First off, homeowners with Fannie Mae and Freddie Mac-backed mortgages who are unable to refinance their mortgage to take advantage ... Read More »

Obama’s State of the Union Reveals Little About Mortgage Plan

Obama’s State of the Union Reveals Little About Mortgage Plan
January 25, 2012 No Comments »

So amid all the endless clapping and standing ovations, Obama did manage to get a few words out about the prospective mass mortgage refinancing plan during his State of the Union address last night. While it wasn’t a lot, it ... Read More »

Mortgage Crisis Foreshadowing

Mortgage Crisis Foreshadowing
January 17, 2012 3 Comments »

I think a lot. Often, about mortgages. In fact, a day doesn’t go by when I don’t try to think of topics to write about on this very website. It’s not always easy to come up with new material, given ... Read More »

Why Principal Reductions on Loan Mods Aren’t the Move

Why Principal Reductions on Loan Mods Aren’t the Move
January 11, 2012 1 Comment »

Unless you live under a rock, you’ve likely heard stirrings of a mega super duper fantastic solve-all trillion-dollar refinance program in the works to save America once and for all. You know, the one President Obama plans to unveil just ... Read More »

Mass Mortgage Refinancing Plan: Obama’s Ace In the Hole

Mass Mortgage Refinancing Plan: Obama’s Ace In the Hole
January 5, 2012 3 Comments »

We’ve heard talk of mass refinancing plans for years now, but nothing has quite delivered. Sure, the Home Affordable Refinance Program (HARP) was recently expanded to allow just about any homeowner to refinance, regardless of negative equity issues. But since ... Read More »

Bernanke Has Refinanced His Mortgage Twice in the Past Two Years

Bernanke Has Refinanced His Mortgage Twice in the Past Two Years
December 13, 2011 No Comments »

When deciding whether you should refinance your mortgage, you may look to your friends, family, and neighbors to see what they’re doing and/or to get advice. After all, if they’re refinancing, maybe there’s something to it. But when it comes ... Read More »

Should You Bother Refinancing Your Current Mortgage Rate?

Should You Bother Refinancing Your Current Mortgage Rate?
November 15, 2011 8 Comments »

If you don’t mind, let me beat a dead horse. Mortgage rates are at or near record lows and you could save a ton of money by refinancing your mortgage. There. I won’t say it again because I know how ... Read More »