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www.financialpa.com/new/37389/content.asp?contentid=2018034019

In the past, one rule of thumb was if the current interest rate was 2% lower than the rate you were paying on your existing mortgage, it made sense to refinance. Today, that general rule may still hold true in some cases. However, even if the current rate is less than 2% lower than your existing rate, refinancing may still be  ...

umaxmortgage.com/refinance/lower-your-rate

With today's historically low interest rates, millions of homeowners have taken advantage of these unbelievable rates, which has made refinance volumes spike considerably over the past three years. So the big question is – when does it make sense to refinance to a lower rate? The rule-of-thumb states that saving ½ % in ...

newtownemortgage.com/pages/refinance-faqs

Call and speak with one of our licensed Loan Officers to determine whether or not you qualify for one of our programs. Question: Is it true that you should only consider refinancing if you can lower your rate at least .5%?. There is no rule-of- thumb when it comes to refinancing because there are different reasons to refinance.

www.homemortgageofnc.com/homemortgage/neatstuff/web%20neat%20when%20to%20refi.shtm

The decision to refinance is largely a financial management decision based upon desired results and outcomes, not necessarily interest rates. You may have heard : "only refinance if you can reduce your interest rate by 2% or more." This was a pretty good rule of thumb when the average loan balances were around ...

www.zillow.com/mortgage-learning/buy-interest-rate

Your loan quote will show you what kind of loan you're getting (such as a fixed or ARM loan), what your rate is, and how much you're paying for that rate. The loan quote always must show annual percentage rate (APR), which is a calculation that helps you determine how much you're paying for the rate. As a rule of thumb,  ...

www.sandiegouniontribune.com/business/real-estate/sdut-mortgage-refinancing-rates-fees-costs-savings-loan-2013jun21-htmlstory.html

Jun 21, 2013 ... With ultralow mortgage rates now starting to creep up, some homeowners might be thinking that it's finally time to refinance. However, refinancing may not be right for ... number of months it takes to recoup those upfront costs. Pianin's rule of thumb: Don't bother refinancing if the result is 18 months or more.

www.mutualofamerica.com/yrc/refinancing

The traditional rule of thumb is that it pays to refinance if you can get an interest rate at least TWO PERCENTAGE POINTS lower than you're currently paying. More recently the trend has been to refinance for just a ONE PERCENTAGE POINT reduction. The deciding factor is whether refinancing will save you money.

www.guaranteedrate.com/resources/types-of-home-mortgage-refinances

Jun 6, 2015 ... A general rule of thumb is if you need more than $50,000 then you may want to consider a cash-out refinance. What does a cash-out refinance accomplish? This type of refinance allows you to take advantage of current market rates and keep one mortgage loan. Just know, in order to take advantage of the ...

townefirstmortgage.com/pages/refinance-faqs

There is no rule-of-thumb when it comes to refinancing because there are different reasons to refinance. If you are currently in an adjustable rate looking to get into a long-term fixed loan, your rate and payment may actually increase, but you will be in a better long-term situation knowing your rate and payment will remain ...