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What to expect about fixed mortgage rates with current market status?

May 23, 3589 by Jack Robert | Posted in Personal Finance

Should I refinace my mortgage 6.25% current interest rate on 30-year fixed?

Dec 19, 2008 by Miss Kelly | Posted in Renting & Real Estate

I currently have secure rate of 6.25% for a 30-year mortgage. I just took this mortgage out June 2007 (due to divorce). I owe $130,000 on the mortgage and my monthly payments are $1100 with taxes, protection etc. I think the actual mortgage is $818.

the most it will go down to is 5.1. Exactly about 1 point. Since you already know about making more payments, I think you should not
bother with it--just keeping the payments as often as you can.

and ask the lender about the discounts

Today's Mortgage Rates: Which home loan is best?

Texas Mortgage Info: How your mortgage herself structures your loan is more important than the getting a low rate. www.mylendingplace.com

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