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You are here: Home / Archives for freddie mac

freddie mac

Refinancing While Under Water

September 6, 2011 By techsuperadmin

  In many cases, you can lower your interest rate even if you owe more on your home than it's worth. As low as they may be, I still don't think jumping into an adjustable rate mortgage makes sense. But, getting a six-percent rate or even a high-five-percent rate down into the four percent range DOES make sense. Don't let the fact that your home is "underwater" hold you back from exploring the possibility.   Do your calculations carefully. No doubt you will be adding … [Read more...] about Refinancing While Under Water

Filed Under: Business Tagged With: adjustable rate loan, adjustable rate mortgage, Fannie, fannie mae, freddie mac, heitland, home, mortgage, percent, range

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