If you’ve been thinking of refinancing lately, it might be a good move to go ahead and make the move. Especially for those who have been on the fence over the past few months. The market has been relatively positive for interest rates as mortgage rates in general have been floating in a very tight […]
How to Get a Divorced Spouse Off the Mortgage
When two people decide it’s time to buy a home together, in today’s environment and in many markets it takes two incomes in order to qualify for the home they really want. That means both will appear on the same mortgage application. Unfortunately the divorce rate in this country means anywhere from 40 to 50 […]
Thinking of Refinancing? Start Your Application In Now
Mortgage rates are still very low and refinancing options are better than ever. For many, the decision whether or not to refinance your mortgage is fairly easy. This is something I can do with you over the phone. Simply compare the difference in monthly payments and divide that into the amount of closing costs needed […]
Should You Lock In Your Rate Now?
Are you getting ready to take the leap? Are you wondering if you should go ahead and lock in your rate now? Or maybe wait a bit to see what happens? We get that. But let me take some time here to provide you some suggestions as the best course of action for your situation. […]
It Might be the Best Time to Refinance. Seriously.
Let’s say that around the first of this month you checked mortgage rates to see if a refinance was in your future. Rates have been on a steady decline so far this year so it’s no wonder that you did make a quick check. And rates have fallen to the point in early March that […]
The Seesaw World of Mortgage Rates, Stocks and Bonds
If you’re like most people, you really don’t pay much attention to Wall Street on a daily basis. Sure, you’ll check your 401(k) when you statement comes in and peek at your IRA but in general, Wall Street is left for the so-called “experts” who buy and sell stocks every single day. But as you’re […]
How to Answer Underwriter Questions
Borrowers don’t really get the opportunity to pull back the curtains and speak directly with various departments and individuals within a mortgage operation. Certainly a borrower will speak with the loan officer and the loan processor but beyond that, most others are off-limits. Everyone within a mortgage company plays an important and needed role. Some […]
Is Cash Out Refinancing Right for You?
If you’re thinking about refinancing your mortgage you’re not alone. A cash-out refinance can be a smart move for a lot of homeowners. Yes, interest rates appear to have bottomed out and have risen slightly over their historic lows. Yet millions of other homeowners can still benefit by refinancing for more than just the rate. […]
Mortgage Rates Hit Three Year Lows
Mortgage Rates Hit 3-Year Lows, Foreclosure Rates Continue Dropping Good news for home buyers—this month mortgage rates officially hit a 3-year low. As of May 10th, rates were 3.5-3.635% for 30-year fixed loans. This is the lowest that they have been on average over the entire 3-year time period (last year, the rate was 3.84%). […]
Looking For Mortgage or Refinancing Options?
Looking For Mortgage or Refinancing Options? When you have made the decision to purchase a home one of the major steps involved is obtaining financing. It is a good idea to consider financing options before you begin looking at homes. At C2 Financial, we can help you determine the best financing options available to meet […]
