Are FHA-Insured Loans A Good Idea? – My short answer is that it depends on your situation. An FHA loan is a loan that is insured by the Federal Housing Administration (FHA). The FHA-insured mortgage loan’s easier lending standards and a.
Mortgage rates today, October 26, plus lock recommendations · why don’t you refi. instead of paying a ton of extra cash down every month? with 15yr fixed mortgages at 3.5% right now you can likely half your mortgage term and save the interest your looking for without dumping cash into a house that you can’t pull out if you get into financial trouble. another option would be to take the money your saving every month after a refi. and plow more cash.
To do this. When you recast your mortgage, you pay your lender a large sum toward your principal, and your loan is then reamortized – in other words, recalculated based on your new, lower balance..
Borrowing Power Amidst Rising Mortgage Rates Cash rate remains on hold whilst auction. – Discount Mortgages – Cash rate remains on hold whilst auction activity rises and property prices fall Feb 7, 2019. The Reserve Bank of Australia (RBA) has left rates at 1.5% for another month, as the Australian property market continues to fluctuate.