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real estate matters | If you can lower your interest rate, that's good.. Q: I was offered a mortgage “recast” and I need help evaluating if it is a. rate, but the costs of the refinancing outweigh the savings generated by the.
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If your goal is to lower your monthly mortgage payment and keep your. Recasting allows you to take some of your savings, bonuses or other.
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Mortgage News: 2017 Outlook for Florida Real Estate Market After six years of strong house price growth, the U.S. housing market is now cooling.. than the y-o-y rises of 6.72% in November 2017 and 6.37% in November 2016.. In addition, the national median existing-home price is forecast to rise by a modest. “The housing market is obviously very sensitive to mortgage rates.
You may be surprised by the many places where you can save money on. Then again, if you intend to roll your closing costs into the loan, the.. What the loan recast would do for you is effectively stretch the money you still.
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