refi Archives | The Richard Woodward Team Nexa Mortgage

Refinance rates drop as Fannie Mae removes adverse market fee. Refinance rates drop as #fanniemae and #freddiemac drop the adverse marketing fee. This will enable more of the 12 million home owners that have not already refinanced take advantage of these new lower rates. Tumbling mortgage rates just went even lower following news that an…

RefiNow™ Explained! Lower Your Mortgage Payment

RefiNow ™. A new way to refinance your home loan. It’s Easy! RefiNow™ is an affordable refinance option for homeowners who are interested in reducing their monthly housing costs by taking advantage of today’s low-interest rates. Available to borrowers at or below 80% of the area median income with debt-to-income ratios up to 65%, RefiNow…

Should you refinance your mortgage? Everyone is talking about refinancing right now because mortgage rates are near an all-time low. However, refinancing is not always a good idea. First of all, let’s look at what a refinance is. A mortgage refinance is a new mortgage that replaces your existing mortgage by paying it off. There…