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Just about every homeowner knows that 2001 was the year of the Great Refi Boom, when millions of Americans took advantage of low interest rates to cut their monthly loan payments and pull out thousands of dollars of tax-free cash.
But guess what? The Internal Revenue...
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A friend of mine from the East Coast called the other day regarding a possible mortgage for a new home she was building. She had recently re-entered the workforce as a professor since getting her doctorate and wanted to qualify for a mortgage on her own, without any assistance...
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Well folks, I believe the 2nd re-fi boom of 2001 is now upon us. For homeowners who thought President Bush's tax refund checks were a nice surprise, you may be a candidate to save a lot more than a few hundred dollars. Interest rates have dropped to levels not seen in quite a...
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The Federal Housing Administration is making it easier for home owners to refinance their government-insured mortgages.
Under new streamlined refinancing rules, some FHA borrowers will be permitted to use the equity they've built up in their homes to finance closing costs....
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You've heard of the "refi boom" of 2001. Well, get ready for what could shape up to be the "re-refi" boom of 2001.
With mortgage rates sliding below 7 percent, the economy in serious slowdown mode, and the Fed poised to push down short-term interest rates once again...
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Rates are low. Again. Should you refinance your mortgage?
But what about the sacred "rules of thumb." Aren’t you supposed to wait until rates get at least 2 percent below your current rate? Or wait two years? Or perhaps you’re supposed to recover your closing costs in two...
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