Home Mortgage Refinancing Rates & Tips

Mortgage Refinancing Buzz Provides No Cost Refinance Loan Tips & News to Help You Save money! Now you can read helpful mortgage refinancing articles that show you how to lower mortgage payments with reduced interest rates for capitalizing on hard dollar savings. Choose from FHA Refinance, Home Refinancing, VA Refinance, Conventional, Jumbo and No Cost Refinance Loans.Mortgage Refinancing Buzz offers tips for mortgage refinance loans and advice for homeowners seeking lower payments from fixed rate home refinancing. Take advantage of mortgage refinance tips that can save you thousands of dollars a year.

Compare Lenders for the Best Mortgage Refinance Rates

Get Approved Today for the Best Mortgage Refinance Rates in Decades!

  • FHA Streamline Refinance
  • Cash Refinancing
  • VA Mortgage Refinance
  • Low Conforming Rates
  • Jumbo Mortgage Refinance
  • Fixed Rate Home Refinance
  • Refinance Adjustable Loans
  • Stated Income Mortgages
  • Home Equity Refinancing

With record low interest rates, mortgage refinancing has been a hot topic in the news, but should all borrowers refinance their home?  According to Lenders Nationwide and the Lending Low-Down, there is a time for borrowers to refinance and times when they should pass.

1. Refinancing to Lower the Interest Rate:  With mortgage refinance rates at 50-year lows, there is certainly a good opportunity for most homeowners to save money with reduced interest rates.  Today’s mortgage rates for those with the best qualifications are often under five percent. Borrowers who have been strapped with a bad credit mortgage may uncover some serious savings if they have increased their credit scores and have no pre-payment penalty for refinancing.  will likely be financed at a higher interest rate, the rate may still be lower than your current mortgage rate.

2. Lowering Monthly Home Loan Payments:  If refinancing cuts your monthly mortgage payment and provides you a “hard money savings” it typically makes sense financially.  This is usually the bottom line for homeowners.  Will refinancing cut your loan payment significantly?

3. Refinance to Shorten the Term of the Loan:  If you are able to reduce the years you are paying on your mortgage without increasing your monthly payment much, then this is a worthy benefit that clearly justifies the cost and hassles of home refinancing.  For example, if you have took out a 30- year mortgage two years ago at 6.5% and you refinance into a fixed 15 year loan at 3.875%, your monthly payment will go up slightly but you would be paying off your home 13 years earlier than you would with your present home loan.

Lock into today for the Lowest Home Mortgage Refinancing Rates Online!

  • Refinance Debt
  • Fixed Rate Refinancing
  • VA Streamline Refinance
  • No Closing Cost Loans
  • Non-Conforming Mortgage
  • Rate and Term Refi
  • 85-90% Cash Out Refinancing

There has been a lot of talk of record low mortgage rates and home refinance programs, but millions of Americans continue to search for mortgage refinancing help. According to iServe Lending’s Al Pereida, “Unfortunately millions of Americans still need refinancing help because they don’t qualify for today’s lending guidelines.”  The California lender continued, “We are seeing many applicants fail to qualify because of low credit scores and late mortgage payments.”

Don’t wait to get approved for a mortgage refinance as the Fed will be raising rates soon!

In 2011 all indications point towards even tighter guidelines.  Conforming, VA and FHA loan programs are requesting increased documentation and higher criteria for qualifying.  Mortgage Refinancing Buzz continues to report great refinance rates for qualified borrowers.  Trying to time the refinance market can be nearly impossible and with rates at 50-year lows, one might say that you would be foolish to wait for refinancing rates to get any lower!

Lock into today for the Lowest Home Mortgage Refinancing Rates Online!

  • Refinance Debt
  • Fixed Rate Mortgage Refinancing
  • VA Streamline Refinance
  • No Closing Cost Loans
  • Non-Conforming Mortgage
  • Rate and Term Refi
  • 85-90% Cash Out Refinancing

Many borrowers who are considering mortgage refinancing options are a bit nervous about finding the best refinance loan online takes patience and perseverance, but with rates this low it’s clearly worth your time to shop refinance lenders online.  FHA mortgage rates have dropped to historic levels, but how low will they go and is now the best time to refinance?  The chances of interest rates getting much lower are slim and since nobody know when the Fed is going to start hiking rates again, refinancing now is a safe bet.ut the loan process because so many loan applicants are being rejected these days.  When comparing home refinancing quotes, you no longer need to be intimidated by lenders or mortgage brokers.  The mortgage industry fall-out and stressed financial markets have opened up new opportunities for homeowners to save money with new mortgage refinancing programs.  Many of the underwriting obstacles for homeowners have been removed. FHA and VA refinancing products remain flexible for borrowers who may not have perfect credit.  However, these obstacles can be easily overcome with a little research and preparation. Here are some of the things to be ready for, and some tips on how you can prepare yourself to go through the mortgage refinancing process with ease:

1) Income – It is more important than ever for home refinancing to be able to document your income.  You must be able to document that you can afford making payments on your personal and housing obligations to qualify for a refinance loan.

2) Credit Score – Even more than in previous years, credit scores are the driving factor for lenders to approve a homeowner for a refinance loan.  Underwriters like the credit score system because it measures the borrowers’ payment history for multiple accounts like home, car and credit card payments.

3) Home Equity- Your current home value is a key component of the refinance process. Homeowners considering refinancing are frequently concerned that their house will appraise for a lower value than they expected. It’s important that you do your homework so you aren’t solely relying on the information provided by the appraiser. More appraisers are working in areas they aren’t familiar with and that often means they are going to undervalue the property.

Best Rate and Term Refinancing Options

  • Low Rate FHA Refinance
  • VA Streamline Refinance
  • Home Equity Loan Refinance
  • Second Mortgage Refinancing
  • Consolidate Credit Lines
  • Pay Off Adjustable Rate Loans

Many homeowners have been held hostage by an underwater mortgage because their house is worth less than their mortgage.  Qualifying for a refinance can be challenging. 100% refinancing is available with several government loan relief initiatives.

Peace of Mind with Fixed Mortgage Refinancing Starting at 4.25%A spokesman for the Mortgage Lead Vault, a mortgage lead company recommended “making sure that you are comparing apples to apples. Verify the interest rate, term and of course the closing costs when comparing lender quotes.”  According to Zillow the survey indicated that borrowers spend about 5 hours shopping for a home loan online, yet they spend 10 hours shopping for a car.  31% of borrowers spent less than 2 hours researching their refinance loan. About 50% of all borrowers “only got one or two mortgage quotes.”  Many loan professionals suggest getting four refinance quotes.  The Mortgage Refinancing Buzz offer refinance advice at no cost.  Take advantage of our network of trusted lenders that specialize in home refinancing so you can save more money next time you shop for a loan online.


Will Mortgage Refinance Rates Rise in 2011?

View Results

Loading ... Loading ...