Keith Gumbinger
Keith Gumbinger
borrower challenge credit good seem
If you're a good credit borrower you can challenge fees if they seem excessive.
cash improve likelihood loan might payment reduce term
If you re-extend from 15 years back out to 30 years, that might reduce your monthly payment by 30 percent, ... If there isn't a likelihood that you'll pay off your mortgage, the re-extension of the term of your loan could measurably improve your cash flow.
borrowers harder low money pay points rates trim
If you pay points up front, it's harder to get your money back. When rates are high, borrowers have to pay points to trim rates any way they can, but with rates so low there is really no need to pay those points.
home mortgage taking
For most home buyers, especially first-time buyers, taking a 15-year (or 20-year) mortgage is out of the question.
people realistic time
People are a little more realistic about their time frame, especially young folks,