Posts Tagged ‘Mortgage Rates’

Is refinancing still called refinancing even if you already paid off the old mortgage and own the house?

Dilbert asked:


When you pay it off, is that called unfinancing, or what? And if you get a new mortgage later, is that called refinancing even though it’s a new mortgage? Are the terms and rates usually the same as normal refinancing?

mortgage refinance

Is a 2 year fixed mortgage bad? I can refinance later. Am I locked in for 2 years with no refinancing?

Britta G asked:


Home, mortgage, 2 year mortgage, home loans, home loan mortgage, mortgage rates

mortgage refinance

Should I refinance now? Or will fed rate cuts (I hear there will be more) drop the mortgage rates more?

pdogmurphy asked:


This is not a jumbo loan, and I talked to a mortgage guy who quoted me at 5.5 – 5.75%. Just not sure if it’ll go down more.

mortgage refinance