If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now Ridgecrest Daily Independent
(ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to the present, and you're probably starting to get a little nervous.
Mortgage rates a worry to some Everett Herald
WASHINGTON - The future is gnawing at homeowner Scott Klimek. Will the interest rate on his adjustable-rate mortgage go up? Will he be able to afford the monthly payments if it does?
On-line site helps find lowest-cost mortgage Chicago Tribune
Reed Hauge was more than a little shocked when the hard costs on the quoted loan were $5,200 less than those his mortgage-broker buddy had offered. He was rather peeved, too.
Mortgage rates spur hope locally for housing revival The Toledo Blade
EVEN THOUGH both house-for-sale signs and prime interest rates have been on the rise, mortgage rates are heading downward.
Bad Credit? FICO Score Under 650? Yes, You Can Still Refinance Evening Times
(ARA) - If you have bad credit or a low FICO score, you're no doubt doing everything possible to turn things around. But if you have an adjustable rate mortgage (ARM), paying off your debts and cleaning up your credit is about to get a whole lot harder.
Katz Mortgage Team Announces: Adjustable Rate Mortgage ARM Holders Look to Refinance to Lower 30-Year Fixed Rates As PR Web
Katz Mortgage Team, of Amtrust Mortgage Corporation, has announced that as Short-term Interest rates are on the rise, many adjustable rate mortgage (ARMS) holders are switching to more stable, fixed rates. Just this past week, the US Treasury 10 year Note dropped to 4.4% for the first time in a year. This lates to thirty-year fixed rate mortgages dropping from the high 6% range in July of
Lenders hit borrowers with double whammy of fee and rate rises Daily Telegraph
Banks and building societies are getting flak for upping arrangement fees as buyers face higher home loan bills, writes Paul Farrow.
Interest Hikes Take Toll on Homeowners donga.com
Bank interest rates on mortgage loans hit an annual high on the back of call rate hikes, imposing a heavier burden on those who want to take out loans as well as existing borrowers who service interest.
Base Rate rise pushes up arrangement fees Mortgage Introducer
Scott Hanton, mortgage analyst at moneyfacts.co.uk, explained: "As expected, most mortgage lenders have now increased their standard variable rates, revised their mortgage ranges and increased their tracker products following the November Base Rate rise.
Robert Bruss: Will 30-year home loan pay off in 15 years with extra monthly payment? Naples Daily News
I was told a long time ago if you make one extra home mortgage payment each year on a 30-year fixed-interest-rate loan it will be paid off in 15 years. If that is not true, how many years will it take off the mortgage by making one extra payment every year? — Geri F.

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