HSH.com Weekly Mortgage Rate Radar: Record Lows Signal Another Refinance Opportunity
Foster City, CA (PRWEB) August 24, 2011
Rates on the most popular types of mortgages are at record lows, according to HSH.com’s Weekly Mortgage Rate Radar. The average rate for conforming 30-year fixed-rate mortgages eased by a single basis point (0.01 percent) to 4.31 percent. Conforming 5/1 hybrid ARM rates fell by 5 basis points, closing the Wednesday-to-Tuesday wraparound weekly survey at an average rate of 3.11 percent.
?The markets are quieter so far this week, and mortgage rates moved just a little,” said Keith Gumbinger, vice president of HSH.com. ?New record lows for mortgage rates should be a signal to homeowners that another chance to refinance has come. Even a half-percentage point break in the interest rate can bring considerable savings, especially if there are few or no fees to get the new loan.?
Homeowners can determine the best way to pay for their refinance and see the savings a new mortgage will bring by using HSH.com’s Tri-Refi Calculator.
Average mortgage rates and points for conforming residential mortgages for the week ending August 23 were, according to HSH.com:
Conforming 30-year fixed-rate mortgage
How Do You Get the Best Interest Rates
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September LowVARates’ Facebook Winner Donates Her Prize Money to Another
Lehi, UT (PRWEB) October 14, 2011
The September LowVARates contest gave away $ 450 cash prizes to three lucky winners chosen on facebook. The first place winner won $ 250 and generously donated the money to help her sister and three children in need of financial assistance.
The first place winner, Chrissy J., is giving the prize money to her sister Swason S. Swason is a single mother with three children and trying her best to provide for her family.
?I figured my sister really needed the money and I was more than happy to give it to her,? Chrissy said. ?I want my sister to have it so she can buy some nice Christmas presents for her children.?
Chrissy had a conversation with her sister in the first part of October and realized she needed some help. The prize money came at the right time and Chrissy knew she wanted to help her sister.
?It is perfect timing because we were talking on the phone and she was crying when she saw the list her kids already wrote to Santa.? Chrissy said. ?Her three kids are her life and it is tearing her apart to not give them the few things they want.?
The $ 250 is currently on its way and Swason does not know the money is coming. It should be there in a few days and give her family a nice surprise.
The second place winner was Heather C. winning $ 100 and the third place winner was Lauren P. winning $ 50. The winners entered the contest in the month of September by entering their name and email address on LowVARates.com facebook page.
The cash contest was the third monthly contest run by LowVARates.com who has given over $ 5,000 of gifts and prizes through its facebook promotions.
Owner of LowVARates.com, Eric Kandell, has really emphasized growing the organizations social media presence and provides the contests to create an incentive for potential followers.
?Our facebook contests have been a huge hit with our fan base and we will continue to give away prizes and money,? Kandell said. ?Social media has become a nice way for us to stay in contact with our customers and provide our followers a fun way to win free prizes.?
Every month LowVARates.com provides a contest on facebook to give away a large prize. Anyone can enter the contest and the winner is randomly selected. To enter the contest, applicants are only required to provide their name and email address.
The $ 450 given away during the September contest marked the most money LowVARates.com has given away for a monthly contest. Other generous prizes are planned for the next six monthly contests.
?We want to keep our monthly prizes very generous to give our followers a great incentive for entering the contest,? Kandell said. ?The October contest is going to offer a really nice cash prize for the winner.?
The October facebook contest has officially begun and will reward the winner with another $ 250 cash prize.
LowVARates.com also gives away free cash prizes every Friday. The contests are extremely simple to enter and a winner is randomly selected the following week. The contests are usually based around cash or gift cards.
?Our facebook community is really growing and we look forward to rewarding our followers,? Kandell said. ?We have plans to give away thousands of dollars by the end of the year to our loyal followers.?
To join the LowVARates.com facebook community, visit them at: http://www.facebook.com/lowvarates
ABOUT LOWVARATES.COM
For more than two decades LowVARates.com has been dedicated to serving United States of America veterans. We provide a large variety of VA loans for qualified veterans from the VA arm to the VA refinance. These loans provide lower interest rates and monthly payments than traditional loans.
The VA loan program is currently the only program left that allows no-money-down loans. Let our staff of professional loan officers assist you to lock in low interest rates and take advantage of the unique opportunity provided through VA loans.
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Refinance with bad credit?
Question by Terissa M: Refinance with bad credit?
My husband has poor credit and is stuck in an ARM loan on his house, which he has NEVER missed a payment to. He is currently with Wells Fargo and they are requiring 2 tax years at the same job before they will refinance us. Does anyone know a company that is reputable in working with people with low credit and can refinance us into a FIXED rate?
the house loan in 74,000 the tax appraisal (this is the lowest appraisal) is for 89,000 most likely can be appraised for over 100,000
his interest rate is 9.95 =( I do not know where the original loan papers are think his X has them so i do not know why it remains so high
Best answer:
Answer by Sharon T
You don’t say how much equity you have in the house. Unless it is 20% you are probably going to find it tough sledding but don’t give up. Congress may come out with something that will help.
In the meantime, talk to several bankers about this.
What do you think? Answer below!
Mortgage Insider Creates New Question and Answer Dialog for Mortgage Borrowers
Las Vegas, NV (PRWEB) May 21, 2008
Ask Kate, a new web page specifically designed to answer questions and create dialog regarding mortgage financing has been created by Kate Ford. As a mortgage insider, author, and originator of http://www.get-your-best-mortgage-rate.com, a mortgage information website, Kate is famous for saying, “It’s your house and your mortgage. No one else cares about it more than you. You worked hard for home ownership. You deserve the best mortgage!”
Kate is the author of many articles such as How to Fix Credit Fast, Become a Savvy Mortgage Shopper, Tips and Tricks to the Lowest Mortgage Payment, Refinance with the Ten Best Kept Secrets, Sub Prime Mortgage Loans…Solutions for American Home Owners, Special Report…Stop Foreclosure Now, Best Mortgage Rates…Translating the Secret Language of Mortgage Lending and many others, all found on her website at http://www.get-your-best-mortgage-rate.com.
As a former residential mortgage broker, Kate has more than 20 years experience guiding people through the maze of mortgage lending.
She knows mortgage lenders have been speaking a language that is different from the ordinary person on the street and can understand why home owners and home buyers feel puzzled. So it is not surprising that many home owners have found themselves in difficult circumstances during this present mortgage crisis.
Ask Kate is Kate’s way of filling the void that mortgage lenders and bankers have vacated.
Since lenders and brokers rarely present financing in a manner that can be easily understood, Kate is providing real answers to real questions in an entertaining and easy to understand format.
Whatever borrowers have been wondering about mortgages, Ask Kate is a genuine source of mortgage information. She encourages anyone seeking mortgage help to ask their question. Whether they are puzzled over mortgage rates, home loans, how to refinance, or first time home buyer advice, she believes no question is a bad question.
Ask Kate is not only a format for asking and answering questions, it is also a highly developed yet easy way to create dialog between mortgage information seekers.
When someone asks Kate a question, a web page is automatically created for their question. Kate’s answer follows. Other readers are then allowed to comment on the question and answer.
So, Ask Kate creates a remarkable web dialog to help simplify and educate information seekers desiring to get the best mortgage.
Anyone with a question regarding mortgage financing simply goes to Kate’s web page, Ask Kate, at her website http://www.get-your-best-mortgage-rate.com to follow the simple instructions.
Question seekers will be guided to type their question or comment, download a picture of their home (optional), take credit as the author for their question or comment (also optional), submit their question or comment, and privately view and edit their question on its own page before publishing occurs.
Kate personally monitors and answers all questions in her entertaining manner translating the secret language of mortgage lending.
Each question and answer can then be viewed on its own page where other readers are allowed to comment on the subject being discussed, creating a meaningful dialog.
Ask Kate is found on her website at http://www.get-your-best-mortgage-rate.com. All information regarding translating the secret language of mortgage lending is entirely free.
Readers can also receive Kate’s Best Mortgage Rate Blog through an RSS feed. It is easy to subscribe using the orange RSS Reader button. Those who keep a home page on My Yahoo, My MSN, or Google will find these buttons too.
Having been a mortgage insider, Kate is highly qualified to educate mortgage borrowers and home owners in an entertaining and easily understood manner. As Kate says on her home page, “Finding your best mortgage rate does not have to be complicated if you know the secret language of mortgage lending.”
For additional information about Ask Kate, the question and answer dialog regarding mortgage financing, contact Kate Ford or visit http://www.get-your-best-mortgage-rate.com.
About Get-Your-Best-Mortgage-Rate.com:
An informational website providing guidance regarding mortgage lending in a language that home owners and home buyers can easily understand.
Contact: Kate Ford, author and infopreneur
702-767-2589
http://www.get-your-best-mortgage-rate.com
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Get secure loans Auto Refinance and Bill Consolidation
Article by selina
In the present time the service of the refinance auto loan is considered as one of the most reliable and secure service that the car loans. Today, the craze of the auto refinancing is growing continuously among the people. There is a lot reason due to which people like it over the car loans. It provides one of the easiest loans of for the vehicles. It provides a best opportunity to save a lot of money that help you to improve the economical need of the family. It provide loan with the lowest interest unlike car loans. In the car loans people feel so hard process in the mode of the payment where as in this service people can pay amount in short instance of the time by using online service. It also provides you and one of the bet dealers of the world by which you can get the service of it in the easy way. These dealers also help you to handle the situations of the bill consolidation.
Whenever you apply for refinancing then you will get it in totally secure form. You can get it by just filling an application form provided by the online sites in which we have to give our information with some required documents. It secures all the information about the customer in an advanced database. This can be access by the customer. It does not allow other person to access the account of any customer. It provides the service of the loans with the reliable banks of the world. It also provides lot of additional tips for you.
It also provides the options of the feedback in which you can post your comments to any of the improvement in the service. With the feedback form they can also know about the satisfaction of the customer. It also provide every information to the customer if any of the changes come in the in plans and offers. It also awakes people with the best companies of the world which provide the best facilities to overcome the problem of accessible loan. Any of the credit matter does not interrupt the process of loans.
In the present time the service of the refinance auto loan is considered as one of the most reliable and secure service that the car loans. Today, the craze of the auto refinancing is growing continuously among the people. These dealers also help you to handle the situations of the bill consolidation.
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Spring Lake, Mich. and Riner, Va. (PRWEB) October 20, 2011
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Your Mortgage Magazine Website Relaunches in Australia
Sydney, New South Wales (PRWEB) April 22, 2011
Since 1995, Yourmortgage.com.au has been providing daily updated interest rate information to Australian home and investment borrowers to assist them in finding the loan that suits their needs. Attracting 150,000 visits per month, Yourmortgage.com.au is a one-stop resource where you can find the latest property news, price comparisons and loan calculators.
Visitors to the new-look website will notice some exciting new features including Your Mortgage TV, where you?ll have access to exclusive video interviews with industry leaders, and the Your Mortgage forum, where you can look for advice from fellow property buyers or industry insiders and join the latest discussion and debate.
The website has been clearly divided into sections for first home buyers, refinancing and property investment, making it easier than ever for both new buyers and industry experts to find the information they are looking for. Each section contains guides, interactive finance tools and loan calculators to match your property needs.
The Yourmortgage.com.au database includes daily updated interest rates, fees and charges, and features for more than 1,400 Australian home and investment loan products from over 80 lending institutions.
Whether you?re looking to buy your first home, refinance or invest in property, the new and improved Your Mortgage website can provide all the information you need to help you make the right choices. Visit http://www.yourmortgage.com.au today.
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Know the Right Time to Refinance Your Home Loan
Article by Adam Smith
Interest rates keep dipping and surging from time to time and when its dip at a favorable point then it is the right time to avail the benefit of refinance home loan and lower your repayments. If you have an existing home loan then you can save hundreds of dollars monthly by opting for a refinance home loan with lower rates.
Refinancing your home loan in current scenario will involve some credit regulations and to be eligible for refinance home loan and ripping the benefit of the lower interest rates will require providing a convincing down payment. You also need to have acceptable credit score to avail refinancing as currently Australian refinancers are accepting around 700 score. Housing affordability test is also involved for eligibility of refinancing mortgage.
Australian house owners are opting for refinance mortgage to avail lower interest rate, lower installments, more flexibility and saving lots of dollars. Apart from that, you have an array of products and reasons as an option. Let’s figure out few of the most common options and the right time to opt for the mortgage refinancing.
A bridging loan can help you if willing to purchase a new home. If you have not sold your current home yet then this refinancing option can be best for you. The extreme borrow during this bridging period is usually narrowed to 80 percent of the collective worth of both properties. Construction loan are also a wise option and when you feel that it’s time to renovate your house and interest rates in the market are dip then go for this nice option of refinancing scheme. Also on normal loan you have to pay from day one but on a construction loan you draw down finance when required to make progress payments. It can considerably diminish your interest payments.Equity loan is also a great benefit of refinancing as when you purchased your home the current mortgage rates may have doubled and so you can avail the equity of rest valuation. An equity loan permits the mortgage holder to borrow till certain limit. Equity loan offers higher flexibility but can incur a higher interest rate.
The next follows all in one account as you may have separate savings, credit card, cheque and mortgage accounts. As obvious from the name it brings all those accounts into one. The benefit of this mortgage refinancing option is that your money flows or sits in low-interest cheque or savings accounts and can well lower your unsettled mortgage.
A bridging loan can help you if willing to purchase a new home. If you have not sold your current home yet then this refinancing option can be best for you. The extreme borrow during this bridging period is usually narrowed to 80 percent of the collective worth of both properties. Construction loan are also a wise option and when you feel that it’s time to renovate your house and interest rates in the market are dip then go for this nice option of refinancing scheme.
Adam Smith writhes about “Home Loan” to get more information about Refinance Home Loan and Refinancing Home Loan visit- Comparehomeloans.com.au
