Filed for bankruptcy over three years ago and numerous months shortly I totaled my car. Had to buy a car asap as I lived 25 miles from work. Had no savings or a car to borrow. Now stuck with a 2004 auto worth about fifty-five hundred and owe about twelve thousand on a 7-year loan! HELP please!?!
the lender charges me a higher interest rate because of the “no closing cost” offer?
Does it mean higher interest rate but still lower than the rate I’m paying now?
6%interest rate and only been in this house for about 9 months so it’s the best time to streamline refinance….i reckon.
i’m refinancing my mortgage to a 20-yr fixed @4.25%. should i roll in my HELOC? i have a $30k balance at prime-3.25%. i reckon i can pay off the HELOC in 3-5 years. even if the interest rate rises a couple points, wouldn’t i pay less total interest in 5 yrs vs 20? or are there other factors i’m not considering? mortgage is about $350k.
In this video we take a close look at refinancing mortgage debt and what it really does for us financially. After surveillance this small video you’ll know why a lower interest rate is not always a excellent thing and why saving money each month may mean spending more time in debt. This is an eye opening look at a financial transaction that few homeowners really know.
Due to foreclosures in my condominium complex, the price of my place went from around $245,000 to $118,000 in the past 2 years or so. My mortgage is around $185,000. My interest rate is 5.76%. I had refinanced it when it was valued at around $245,000. What can I do about this? What should I do about this?