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My mortgage broker talked me into refinancing from 6 to 5%. It’s not a terrible deal, but I’m having following thoughts about it because I don’t like how they’re rolling the FHA fee into the loan. Anyway, I already signed the ID and the closing is supposed to happen at the end of the month, but if I choose to back out, what will happen?
Also I would appreciate more opinions on whether I should refinance or not. Here’s te link to that question.
I guess it won’t let me post a link to it.
I have a friend who is buying a house. He is trying to get the best rate. There are mortgage brokers that are offering a rate that is 0.125% better than the banks. Right now, that is around 6.25% for a 30 year loan at 80% financing. Are mortgage brokers the best deal? Thanks.
This is an update to my original video that was posted four months ago. It further clarifies what happened to a major mortgage company and if subprime will further effect conventional mortgages
Hi,
I have numerous credit cards that have gone terrible. I find debt consolidation isnt the best way to go. What can I do with collections in order to reduce the total amount I owe?
How can I get each creditor to reduce the debt AS MUCH AS POSSIBLE before I start paying?
Thanks