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Refinancing

When Should You Begin to Aggressively Pay Down Your Mortgage?

Michael Corbett | Posted 04.10.2014 | HuffPost Home
Michael Corbett

I am a big proponent of paying down that ugly mortgage beast as soon as is practical. But, before you go cutting a check to the bank, there is a pecking order of financial priorities you need to address before you consider tackling your mortgage.

In Support of Senator Warren and Student Loan Refinancing

Ethan Senack | Posted 04.14.2014 | College
Ethan Senack

We know students and families across generations are struggling with their debt. High debt can also have serious impact on the economy: causing a generation of Americans to hold off starting a family, buying a house, or even saving for retirement.

What the New Mortgage Rules Mean for Borrowers

realtor.com | Posted 03.31.2014 | HuffPost Home
realtor.com

Whether you're refinancing your home loan or planning to buy a home in 2014, you'll be among the first consumers to apply for a mortgage under new rules.

The Best Gift to Yourself: Refinance a Student Loan and Save Thousands

Charisse Amanda (Conanan) Johnson | Posted 03.05.2014 | Money
Charisse Amanda (Conanan) Johnson

Not to be confused with consolidating a loan, when you refinance a loan, new lender effectively pays back your old loan and you get issued a new loan at a potentially lower interest rate, with a lower required monthly payment.

Will the Latest Fed Meeting Be a Turning Point for Mortgage Rates?

Richard Barrington | Posted 11.25.2013 | Business
Richard Barrington

For the fourth week in a row, 30-year fixed mortgage rates stayed in a tight range between 4.50 percent and 4.58 percent. However, the outcome of the Fed meeting concluded on September 18 raises the possibility that those rates might just fall below that range next week.

Mortgage Rates Are Rising. But When Will It Actually Hurt Real Estate?

Jed Kolko | Posted 11.11.2013 | Business
Jed Kolko

Ever since mortgage rates started their steep climb in early May, we've all been on high alert, watching how higher rates will affect the housing mark...

The President and Housing Finance

Jared Bernstein | Posted 10.07.2013 | Business
Jared Bernstein

Boy, it's a whole different thing to talk about the housing market when it's looking up. President Obama went to Phoenix to talk housing yesterday, a locale no doubt motivated by the double-digit increases in home prices there in recent months. Of course, those gains are off an awfully low base as the state was slammed by the housing bust, but it is well established that the housing market is now reliably rising from the dead, which is pretty much where it was the last time he talked housing out there shortly after he was elected. However, there were a couple of interesting things that came out of the speech.

Mortgage Application Activity Could Stall If Inflation Heats Up

Richard Barrington | Posted 07.03.2013 | Business
Richard Barrington

A continued rise in mortgage rates will impact potential home buyers and refinancers, but it is refinancers who are most likely to scrap their plans altogether. Meanwhile though, a new cloud appeared on the economic horizon which could discourage home buyers as well.

Are You Missing Out on $57,730? Why You Should Refinance Despite Tighter Lending Guidelines

Adrian Nazari | Posted 08.26.2013 | Business
Adrian Nazari

Although stated (self-reported) income mortgage products are no longer available, lender documentation requirements haven't changed all that much in the past 10 years.

Don't Forget the Fed!

Jared Bernstein | Posted 07.29.2013 | Business
Jared Bernstein

Many people's view of economic policy is that "nothing works" be it monetary or fiscal policy. Sometimes it doesn't and sometimes its consequences are unintended. But broadly speaking, such cynicism is dangerously wrong.

What JPMorgan Chase Really Means When It Complains about Regulation

Nathaniel Frank | Posted 06.26.2013 | Business
Nathaniel Frank

Bankers would have you believe they're not lending enough because of government constraints. In reality, they're not lending enough because they've grown dependent on government largesse.

Refinancings Come Into Focus

Lita Smith-Mines | Posted 05.11.2013 | New York
Lita Smith-Mines

If we're looking for an economic rising tide to carry all our boats, I don't see it locally just yet. I see the holes in leaking vessels being plugged, while those onboard are still carrying excess weight.

Housing 2013: What's In, What's Out

Jed Kolko | Posted 02.19.2013 | Business
Jed Kolko

Rising prices encourage new construction, and rising prices encourage some homeowners to sell. The big question for 2013 is whether today's price gains will continue strongly enough to encourage builders to build and homeowners to sell.

8 Smart Uses for a Year-End Bonus

Richard Barrington | Posted 12.19.2012 | Money
Richard Barrington

If you just received a year-end bonus, congratulations. With money tight and the economy uncertain, those extra dollars can be hard to come by. Now, how do you use that hard-earned bonus wisely? Here are eight suggestions.

What Obama's Re-Election Means for Housing

Jed Kolko | Posted 01.14.2013 | Business
Jed Kolko

Throughout the campaign, both candidates were short on specifics about their housing policy, to put it very kindly. But what the candidates didn't do or say helps draw out the differences between what housing policy will look like during Obama's second term.

Refinancing Woes Continue For Older Americans

Reuters | Posted 12.22.2012 | Fifty

By Cynthia Ramnarace Oct 22 (Reuters) - With $2 million in retirement assets and a stellar credit rating, Art Grossman...

Catherine New

Student Loan Servicing Complaints Are 'Early Warning'

HuffingtonPost.com | Catherine New | Posted 10.16.2012 | Money

The private student loan industry smells a lot like the subprime mortgage industry: Dead ends, runarounds and few live customer service representative...

The Most Costly Mortgage Mistake

Doug Lebda | Posted 11.12.2012 | Money
Doug Lebda

Deciding on a mortgage is likely the most important financial decision consumers will ever make, yet borrowers are more often than not taking the first loan offer that comes their way, failing to fully capitalize on low rates by comparison shopping.

Should You Refinance Near Retirement?

Posted 09.08.2012 | Fifty

SPECIAL FROM U.S. NEWS & WORLD REPORT By Joe Udo Mortgage rates are near historical lows. But should you refinance if you are near retirement? I...

What You Need to Know About Mortgage Rates

Jed Kolko | Posted 11.06.2012 | Money
Jed Kolko

In honor of our newest offering, I wanted to answer the three questions about mortgage rates that I get asked most often.

What's in Your Wallet? Hopefully Your Share of the National Mortgage Settlement

Adam Levin | Posted 11.07.2012 | Money
Adam Levin

Hell has frozen over! After years of lawsuits and investigations by federal and state law enforcement agencies mortgage servicers are finally being forced to repay some of the billions of dollars they stole from American consumers. Unfortunately, the timing couldn't be worse.

Why You Shouldn't Pay Down Your Mortgage Faster

AP | JONATHAN FAHEY | Posted 08.30.2012 | Money

-- The impulse to pay off your mortgage more quickly than you need to is understandable, especially these days. Interest rates are near historic low...

How Retirees Can Avoid Refinancing Troubles

Posted 07.13.2012 | Fifty

SPECIAL FROM Next Avenue By Kenneth Harney Call it the retiree refinancing squeeze: Growing numbers of retired homeowners — including milliona...

What To Know Before Refinancing Your Mortgage

Reuters | Posted 05.19.2012 | Money

By John Wasik March 16 (Reuters) - I got a letter from my bank the other day offering a streamlined refinancing deal for my current home mortg...

Small Business Financing May Suffer From Obama's Proposed Budget and Political Wrangling

Jerry Chautin | Posted 04.22.2012 | Small Business
Jerry Chautin

Small-business owners are holding their collective breaths as the Obama Administration's proposed budget wends its way through the politically-charged Congress.