Information about home mortgage loans for purchase or refinance
We have an FHA loan and our interest is at 6.5% and we were thinking about refinancing, but everyone keeps telling us we will have to have another FHA loan to get it at a fixed rate, otherwise we have to go conventional. We want to get out from under the FHA monthly fee, so does anyone know if this is true?
I have a savings account but im confused on what interest rates are like is it the money your bank puts into your account or what? I want to have that where the bank puts money into your savings account idk what it’s called though.
For more information, or to find out how you might be able to benefit from the Making Home Affordable program, please visit www.makinghomeaffordable.gov.
So I am waiting for my FHA loan commitment now for 30 days and I keep getting the generic excuse " they are backed up". I was hoping with the gov’t bailing out Freddie and Fannie that this would speed up the process. Just curious to see if anyone has benefited from this.
Thanks in advance!
Is it based on income, great credit, how much of your loan is paid down from the original cost, keeping up with financial responsibilities? What?
Does the movement of interest rates (both increasing and decreasing) affect a firms profitability and how.
any elaborate and fully explained answers will be greatly appreciated.
We have some friends who’s house is in pre-forclosure, how can we take advantage of this situation and help them out at the same time! But more importantly capitolize on this mishap on there part!
are interest rates going up or down in texas? is it a good time to buy?
If the percentage on the fixed rate loan was 12% how much would some one pay?
I was pre-qualified up to 0,000.00.
the rate on the loan is 8.49%, how much will someone have to pay?
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