refinancing

I need advice. I currently owe $118,000 on a 30 year fixed mortgage at 4.375% having paid 2 years on it. I can refinance down to a 15 year for 3.75% increasing my monthly payment by $225. here's the issue. I don't readily have the $225 a month. I do have a car payment of $231. I do have...

I'm so excited! last week I received an email from AAA about auto refinancing. So I called and filled out the application just for the heck of it. I got approved with a 2.79% rate, currently paying over 5%. This will cut my 60 month loan down to 48 months with adding $4 a month to my...

I am considering refinancing my home from 6.5% to 4.375%. And most closing costs, etc., would be rolled into the monthly payment. My question is---are there any DISadvantages to refinancing a home?

I think we may be refinancing soon. Just to be safe in case of a layoff. There were layoffs yesterday. Approx 15% of the staff. They are talking more in a few weeks. I looked at the numbers due to low rates right now(we're on variable rate) we'd only need to pay a $600 penalty to renew early...

Refinancing after bankruptcy Lenders won't be swarming to refinance a home even after a bankruptcy is discharged, says the Bankruptcy Adviser.

Refinancing: Great deals ... if you qualify If you've kept your credit score up and can prove your income, here's where and how to find the best refi deals.

I am posting this from another post I had made on the Stay at home mom board. Here is a little bit of our situation DH and I have a ton of CC debt. What is on my signature is just the tip of the iceburg. We are in CCCS right now and although I have no complaints, we still have about 3 years to...

has anyone thought about doing this? I was thinking that this could be benificial to getting rid of some debt.........:toilet:

Avoid rollover and refinancing penalties Do we have to claim our government rebate checks as income on our 2008 tax return? - Dusti, Idaho

Does anyone know much about this? What is the point of it exactly? Does it lower your payments but make your mortgage longer? I know its a dumb question but I was wondering. :)

YEAH ME! I just refinanced our van. We bought it last year had no choice but to buy it for a safe vehicle (2006 Honda Odessey), last one on the lot and we got a ROCKING price but unfortunately they rocked us in the apr. It was high but we were stuck after two used vans broke down on me with...

I need the good, the bad, and definitely the ugly! Anyone go this route on their mortgage? What I owe on my home = $65,400 What it's worth = $120,000 easy, probably more (was appraised for over 100k before we bought it, remodeled and built shop) What other debts I have = less than $50,000...

We closed today on our refinancing and are going to save $100 a month on our house payment plus we went from a variable rate to a fixed rate of 5 %. That will really help us out alot. We are also getting back about a $1,000 to pay on our other bills. How many people have refinanced there...

DH and I have decided to refinance our home. We have talked to our old loan officer and have already locked in at a new rate of 5.5%. I am very excited as this is almost a 2% drop in our current interest rate plus we will be SAVING $150 per month. Almost too good to be true!!! ;) Just...