Well I was gonna refinance

by Margaret
(Florida)

I used to think refinancing was great, when the economy was up and nobody was in fear of losing their jobs. At this point in time, I believe refinancing is not a good idea at all with all the uncertainty of whose going bankrupt next week.

Me and my husband talked about refinancing so we could do some home improvements, but we will wait until things are back to normal.

But overall, refinancing is great and it can be stressful, but if your credit is decent and you have a great lender relationship - its a breeze.

Return from Well I was gonna refinance to Get Your Best Mortgage Rate


Comments for Well I was gonna refinance.

Click here to add your own comment.

Is Refinancing Wise?
by: Kate Ford

Dear Margaret and Other Homeowners Contemplating Refinance,

Refinancing that lowers a monthly mortgage payment or solves another financial dilemma can be helpful even in times of economic uncertainty.

Visit A Fresh Approach To Refinance for unique ways other homeowners have used refinancing.

Best Wishes To All Homeowners,

Ask Kate how to get the best mortgage rates
Ask Kate



P.S. Go to my Best Mortgage Rate Blog, an entertaining source of mortgage information. Subscribe now to the RSS feed.


Click here to add your own comment.

You can also ask Kate about your mortgage at Best Mortgage Advice Social Networking Hotline.

Recent Articles

  1. Kate's Mortgage Rate Report August 11: Rates Bouncing Like a Ping Pong Ball

    Aug 11, 16 10:49 AM

    Kate's mortgage rate report for the week ending August 11, 2016: Rates Bouncing Like a Ping Pong Ball
    Mortgage interest rates have been bouncing like a ping pong ball: After last Friday's strong job report began pushing up mortgage rates, the market is now hinting at a reversal, with the 30-year hover…

    Read more

  2. Ask Kate how to avoid unauthorized mortgage rate extension fees

    Aug 11, 16 10:18 AM

    Ask Kate how to avoid unauthorized mortgage rate extension fees
    Ask Kate how to avoid unauthorized mortgage rate extension fees:

    After locking in her rate, the bank sent a Texan homeowner, Laura, notification of several thousand in fees that she must pay in order…

    Read more