When does a mortgage refinance make a hopeful difference?

Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

With all the chatter circulating about rates being up, are you feeling like you might have missed the moment? For more information on criteria to help you decide about doing one, see my previous post https://mortgagecanary.com/should-i-refinance/. While my regular news sources are talking about rates going to the 4’s, I’m …

Have you met IRRRL?, the VA Interest Rate Reduction Refinance Loan

Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

What does that crazy loan acronym mean for someone who has an existing VA mortgage where they live now or on a home they retain and did live in? It means a streamline refinance might be a good idea and you won’t have to fork out funds for an appraisal. …

Should I refinance?

Senior Mortgage Consultant NMLS 1872091 at NW Alternative Mortgage NMLS #1522364
30 year veteran in the mortgage industry, experienced in all phases of the mortgage process.
Have helped buyers of all types and financial levels and worked on 1000's of loans.
There is always something new!
Kristin M Eklund NMLS #1872091
Latest posts by Kristin M Eklund NMLS #1872091 (see all)

While rates continue their roller coaster up and down headed south into previously unforeseen territory, many are asking this important question. But, how do you know you aren’t putting yourself farther behind while being enamored with the glitz of a shiny low rate that may be dull in the course …