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Mortgage rates and markets change constantly. Stay 100% current by taking The Mortgage Reports by email each day. Click here to get free email alerts, or subscribe to the RSS feed in your browser.

12Apr2011
Author
Dan Green
Filed Under
Mortgage Strategy
How To Refinance While Staying “On Track” To Pay Off Your Loan Thumbnail

How To Refinance While Staying “On Track” To Pay Off Your Loan

Refinancing to lower rates doesn't mean you have to reset your loan to another 30 years. Use this math and you'll pay down your loan more quickly than if you had done nothing.

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12Oct2010
Author
Dan Green
Filed Under
Mortgage Strategy
In Charts : The Falling, Long-Term Cost Of A 30-Year Fixed Rate Mortgage Thumbnail

In Charts : The Falling, Long-Term Cost Of A 30-Year Fixed Rate Mortgage

As compared to the day *after* the expiration of the $8,000 home buyer tax credit, today's cost of carrying a 30-year fixed rate mortgage to term is lower by $51,000. Mortgage rates are on a 6-month rally.

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