Best Refinance Mortgage Rate

Answer Desk: Refinance or pay the principal down?

You've been hearing about historically low interest rates for many months now, so you may be wondering whether it's best to refinance or pay the principal down instead.

Should you refinance again?

Even if you just refinanced not so long ago, the benefits of doing so again may well outweigh standing pat.

Living Large? Get the Best Rate on Your Jumbo Mortgage Refinance

It's true that homeowners with jumbo mortgages do face greater challenges finding and closing refinance mortgages. Fortunately, the rewards are greater as well.

HSH.com Weekly Mortgage Rate Radar: Record Low Streak Rolls On

HSH.com releases its latest Weekly Mortgage Rate Radar showing a downturn in mortgage rates from the previous week. The Weekly Mortgage Rate Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM). Average rates declined during the week ending ...

Score Big This Weekend: Use Online Rate Tables to Find the Best Mortgage Rates, Says Informa Research Services

CALABASAS, CA-- - This weekend, while you're enjoying the football game, take a break from the athletic excitement and check out online rate tables from your computer or smartphone. According to Informa ...

Mortgage rates hit historic lows

Mortgage rates have hit historic lows across the nation. A 30-year mortgage rate is 3.87 percent while a 15-year mortgage is 3.14 percent, according to federal realtor Fannie Mae. The State Bank Assistant Vice President and Mortgage Officer Ann Rockman said the current mortgage rates are the lowest she has seen since she started mortgage lending in 1990.

To pay kid's college, HELOC or refinance?

Dear Dr. Don, Is it better to finance my two children's college through a home refinance or by taking out an equity line of credit? What are the tax advantages/disadvantages of the two options?