So, she says, someone who was on the fence a year ago about whether they could afford to own a home"is going to find it very attractive at this time."
Millions of people around the country who are already homeowners could probably save money on their monthly payment by refinancing. But it can be a little tricky to figure out if that's worth doing.How to Get Approved for the Best Mortgage Without Sticking a Fork in Your Eye"People see rates are low or rates are dropping, so we get a lot of calls," she says."People just want us to run the numbers and make sure it makes sense.
Stobbe says that on a $300,000 30-year fixed-rate loan, if you were at 4.5% and refinanced at 3.5%, that would save you about $2,000 a year in mortgage payments. So that sounds pretty good.Stobbe says the fees vary a lot from state to state. In Florida, you might have to pay thousands of dollars more than in Virginia or Georgia, she says. So she says you want to think about how long it will take to break even on paying those fees before you actually save any money.
They were headed down anyway justsayin
hwatkins927 Damn it!!!! If it weren't for those meddling Student loans!!!!!!
'you too can take advantage of the panic caused by deaths of the elderly by buying up real estate to further your adventures in being a ghoul of a landlord'
That's great and all, but PRICES are still totally bonkers
OMG this is fucking sick NPR
Refinance for cash and put it all on red...er I mean the S&P
Dear not dead: The bank would like to apologize for years of incessant racial profiling and harassment you endured by the government for over 20 years. Here's a house if you can hold a job. Sincerely, WellsFargo
theFez36
Next on NPR: 'If millions of people die, there will be a lot of empty houses you can snap up cheap!'
Only yourselves to blame if you dont take advantage of this opportunity. This is how you do it.
News You Can Use...to benefit from misery and death.
Wtf is this shit? Get it together .
Hahahah
nope.
Yep. Keep freaking out so other's may benefit.
I've gotten so many bargains just by coughing on things.
thank me later lol
The whole 'markets' thing is so ridiculous. It's basically a bunch of human gamblers. Not some inorganic behemoth that can't be properly regulated, managed and supervised. They're just people edging bets. 😒😒😒
What good is owning a 3.5% interest rate broom closet in the city for half a million?
Yes, for a 3.6% chance of dying, you can get .005% off your home mortgage!!! Wahoo!!!
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