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Below, you'll find extensive information on leading mortgage refinance articles and products to help you on your way to success.

Daily Mortgage Rates Going Higher?
By Jesse W.
Over the last two weeks we have seen rates tick upward almost .1%. While this may not seem like a big deal; it is if you have a loan with the value of $300,000 or more. Many home owners are trying to time the exact bottom before refinancing but this is not the best idea. If you feel you are talented enough to time the bottom of any financial market, it is likely you would be extremely rich from these abilities. While most of us cannot do this, it is smart to refinance when rates are low and you have the ability to get a rate that is pleasing to you.


Overall, you may save some money if you pick the exact bottom on overall rates, but your risk is enormous if you miss with

your prediction. If the government feels that the housing market is on solid footing and we have seen a bottom, it is likely that rates could shoot all the way back up to 6% within a matter of months. While this is not likely to happen anytime soon, no one knows for sure with this market. As soon as the government stops buying up all the backed securities, it is likely we will see a steady increase in rates.

With this knowledge, it is advisable to start planning for that refinance now. It very likely that you will have an interesting time with the appraisal step so you might as well do it now and get it over with before the housing market takes any more crazy moves.
Subprime Blogger offers information on mortgage rate trends and how they affect the economy and ultimately your life. Keep up with daily mortgage rates could save you thousands of dollars in the long run.


We strive to provide only quality articles, so if there is a specific topic related to mortgage that you would like us to cover, please contact us at any time.

And again, thank you to those contributing daily to our mortgage refinance resources.

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Resources
Wells Fargo Home Mortgage
Current Mortgage Rates
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The Types Of Mortgage
By Kate Tee-11606
Fixed rate mortgageAs the name suggests, these offer the stability and reassurance of a fixed rate of interest, generally for the first two to five years of the mortgage term. Read more...
Mortgage Rates Inch Toward All Time Lows
By Dane Smith
30 year mortgage rates dropped below 5% for the second time this year. It was also the second lowest rates posted by Freddie Mac in the last 40 years (the lowest being 4 weeks ago). Rates hit 4.98 Read more...
The Types Of Mortgage
By Kate Tee-11606
Fixed rate mortgageAs the name suggests, these offer the stability and reassurance of a fixed rate of interest, generally for the first two to five years of the mortgage term. Read more...
Some Basic Information About Second Mortgage
By Paul Coers
A second mortgage is a loan under the first mortgage, with property, the first mortgage of security. A second mortgage, you can borrow the money you need without another property to be insured. Read more...
Mortgage Interest Rates Nudge Down A Little
By Dane Smith
Before we talk about what happened with mortgage rates this week lets do a quick recap of what happened last week. Last week mortgage interest rates made a sudden jump over the previous week. For the Read more...

 

 

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