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refinance

Its’ a Great Time to Refinance Your Mortgage – Here’s Why

In response to the Coronavirus crisis, the Fed has reduced rates to record lows. This reduction trickles through to many types of loans including consumer loans, credit cards, and mortgage interest rates. Have you checked your interest rates lately? It could be a great time to refinance your mortgage. Here’s how and why refinancing can …

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FHA Streamline Refinance For Melrose MA Loans Endorsed Before May 31, 2009

FHA loans ordinarily include an Up-Front Mortgage Insurance Premium (UFMIP) paid at closing and an Annual Mortgage Insurance Premium (MIP) due in monthly increments. The mortgage insurance amount is based on the date that the FHA Case Number is generated and remains until a loan balance falls under a specific percentage. FHA loan holders looking …

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