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IMPORTANT: Bing News RSS feed has moved!Before taking the leap and opting to refinance, homeowners should ask themselves the following six questions. Homeowners need to have at least 20 percent equity in their home to qualify for a new loan without paying private mortgage insurance. Read more6 questions to ask before a home refinanceI originally put down more than 25 percent of the home's value, but since I've only paid for about a year into a 30-year mortgage, I don't have a lot of equity built up. Is there any way to refinance without having to find another $60,000 to ... Read moreThe slippery slope of serial home refinancingYou seem to be asking what she can do to find a lender willing to refinance her mortgage. Is she having a problem with the equity in her property? If the value of her home has dropped, she may not have enough equity to do a refinance. Read moreOptions for refinancing a high-rate interest-only mortgageBank of America Corp. (BAC), already lagging its peers, will probably fall further behind in helping borrowers with little or no home equity ... Refinance Program, according to Morgan Stanley analysts. Prepayment speeds for the high-rate ... Read moreBofA to Further Lag Peers in Refinancing, Morgan Stanley SaysAlthough national trends for home equity conversion mortgages (HECMs) are looking somewhat dismal ... “Our first guess was that this might be another refinance driven surge as we saw in Baltimore and Philadelphia, but there hasn’t been ... Read moreCherry Creek Finds Reverse Mortgage Boom in Small Town—But How?But those who don't have enough equity to refinance anxiously ... 5/1 adjustable-rate mortgage fell 3 basis points, to 3.18%. Many borrowers depend on lenders adopting the new guidelines for the Federal Home Affordable Refinance Program to ... Read moreEager Homeowners Clamor to Refinance Under HARPBut for lenders taking part in the revised Home Affordable Refinance Program ... In the Reno-Sparks metro area, 49,461 homes with an active mortgage had negative equity in the third quarter of 2011 -- a rate of 52.2 percent. Read moreRefinancing program HARP 2.0 stalls before it startsDear Mary: My wife and I are thinking of refinancing our home mortgage. We have 17 years remaining ... Find out what credit scores they are requiring to refinance mortgages, how much equity you'll need to avoid private mortgage insurance or PMI and their ... Read moreMary Hunt: Refinancing a mortgage requires homeworkThe biggest change to the plan, called the Home Affordable Refinance Program ... say, a 30-year mortgage or an interest-only one in an effort to build equity faster could set off a closer review of your finances if your monthly payment increased ... Read moreFor additional information, please see:
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