Should I refinance my home loan?
I have been in my home for 6 months and the interest rates have dropped considerably. I am currently at a 6.375 APR, and I owe 157,000 on my loan. My home is aproximately valued at 5,000. I only plot on living in the home for the next 4-5 years. I currently have a FHA loan. Should I refinance to get a better rate & lower monthly payment. My wife and I have excellent credit so we should be able to get around 5%. I am curious if it will be worth it since we will be selling in a few years…
Thanks
Related FHA and HUD Posts
- Please help me decide between 2 mortgage loans.?
- Guide to Buying San Mateo Condos with New Condominium Financing …
- San Mateo First Time Home Buyer Class – San Mateo Mortgage — San …
- Home Buyer Tax Credit v2.0 At A Glance – Los Angeles, San Fernando …
- Miami FHA Home Loans -((97% W/530 FICO)) Buying a Miami Home using a FHA Mortgage
- Jumbo FHA Loans No Longer Need 2nd Appraisal – Good For FHA Loan …
- Let’s DO this
- FHA May be Tightening Their Belts and it is not from Too Much Pumpkin Pie!
- Mortgage payoff calculator
- What will happen to interest rates if the bailout passes through congress?
- FHA mortgage loans provide the Best Interest Rates, ((97%w 580 Fico))
- 5 Tips For First-Time Mortgage Borrowers | Loan Mortgage Credit!
- Is It More Difficult To Get An FHA Loan If The House Has Vinyl Siding?
- Should I lock in 5.5% on a 30 yr fixed FHA loan?
- FHA Loan MIP is added to the loan amount and also appears in the closing cost?
- getting fha loan with a 10 year old judgement on credit file?
- what are the FHA loan fees per aloan?
- after applying 4 an FHA loan NOW they tell me about FHA rules. What are they?
- FHA loan, when can I use the deposited credit line from card for down payment?
- Down Payment assistance programs for FHA loan in New York?
- Are the FHA interest rates expected to drop?
- When is it too late to back out of buying a house?
- What do you need to qualify for a FHA loan?
- WHAT IS THE CURRENT INTEREST RATE IN CALIFORNIA FOR A FHA LOAN?
- I am applying for an $81k FHA mortgage loan. What kind of interest rates will I get?
- Today’s FHA Refinance Loan Requirements
- First time Home Buyer and confused. What is the Difference between an 80/20 and an FHA Loan?
- Florida FHA Mortgage, FLorida FHA loan, Florida Mortgage Lender
- Florida FHA Loans, Florida FHA Mortgage, Florida FHA Lenders, 97% Financing
- Why Choose an FHA Loan
- Can I get an FHA loan for a second home or is it only for first time buyers?
- Can I get a FHA loan as a first time home buyer while on unemployment?
- bad credit fha loan,bad credit fha loan mortgage va,bad cre
- Looking for a FHA home loan.?
- Can income from renting out rooms help you qualify for a larger FHA mortgage?
- Are 2 points for loan origination fee & loan discount normal on an FHA loan?
- Can an interest rate, once “locked in” be changed (lowered)?
- How soon can you use a VA loan to purchase a home after a shortsale on an FHA loan?
- FHA Mortgage Loans – What Are They?
- New Mortgage Question?
- Possible mortgage lender not returning our call?
- Can a mortgage company report you to the credit bureau after making partial payments?
- Mortgage foreclosure: should we just stop paying?
- FHA Mortgage San Antonio Texas FHA Loan Information
- Can I buy a new mobile home and land with an FHA loan?If not which loan?
- Learning English: FHA Loans
- fha lender search,fha loans calculator,fha loans for dummie : Home …
- FHA Loans in a 21st Century Depression
- How can I lower my interest rate on my mortgage?
- Indy.com | Post: Getting pre-approved for a loan is your first …
Tags:
fha loan,
FHA Refinance Rates,
interest rates
This entry was posted
on Sunday, June 14th, 2009 at 1:28 pm and is filed under FHA Refinance Rates.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Top incoming search terms for this post
a few years no. You can streamline it but there are cost involved so reckon it through. Check all options before jumping. If keeping less than 4 years not worth the distress if longer may be the thing to do