does my mortgage have to be backed my Freddie Mac to qualify for lower refinance rates?

I have a mortgage from Bank of America. Can I refinance with the new GOVT asst rates if my mortgage is not a freddie or fannie mortgage?


as long as you can qualify for the new loan it doesn't matter what your current mortgage is or who backs it. if you want a govt backed loan (like fha) you have to qualify and the property needs to be your personal residence.


if it is with Bof A it is backed by either Fannie or Freddie FHA VA

Are the interest rates the same between people who take a new mortgage and those who refinance?

I want to take advantage of the decline in intest rates by refinancing my mortgage. When I search online I find a lot of rates quoted for new loans but not much for refinancing. Is it safe to assume the refinancing rates will be similar to the new buyer's


I would go to a reputable, bricks and mortar (physical location) of a known bank to refi. Part of the mortgage debacle was using anyone and everyone (including the big banks, though) and it is critical to be sure you know who you are dealing with and

Refinance Mortgage Rates

www.refiadvisor.com Refinance Mortgage Rates - How to get the lowest possible rate when refinancing your home without paying junk fees.

Mortgage Rates Today: Chase, Bank of America and Citibank Refinance Rates for ...

Although, mortgage applications volume slightly dipped last week, Chase (NYSE:JPM) and other key US lenders are continuing to offer refinance packages with consistently low rates. At the same time, the Mortgage Bankers Association (MBA) reported that the refinance activity also dropped last week, even though, mortgages rates were holding out at all-time lows since weeks.

Having said that, those who are still looking for some truly excellent refinance deals, may consider the 30-year FRM at Chase, as it’s being available today for as low as 4.125% and an APR amounting to 4.188%. On the other hand, the 15-year fixed counterpart can be locked in and taken out at a rate of 3.250% and an APR yielding to 3.449%.

refinance rates - Bookshelf


Poland, the path to a market economy
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Poland, the path to a market economy

Until the end of 1992, the most common reference rate applied was the NBP interest rate on refinancing credit. Wyczanski (1993) notes that in 1990 some 80 percent of loans were granted with the refinance rate serving as the basis for ...

Transforming financial systems in the Baltics, Russia, and other countries of the former Soviet Union
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Transforming financial systems in the Baltics, Russia, and other countries of the former Soviet Union

Belarus, however, restricts lending rates on loans using central bank funds from exceeding the refinance rate plus a pre-set margin; the country eliminated minimum rates on deposits in 1995, but reintroduced them in April 1997.

Fixed income analysis
733 pages
Fixed income analysis

In each month of the scenario (ie, path), a monthly interest rate and a mortgage refinancing rate are generated. The monthly interest rates are used to discount the projected cash flows in the scenario. The mortgage refinancing rate is ...

Current Mortgage Refinance Rates Related Fact |Best refinancing

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refinance rates - News


Refinance Mortgage Rates Today
Refinance Mortgage Rates Today – Mortgage refinance rates were lower today (see chart). Chase and Citibank lowered their interest rates substantially while PNC and Bank of America only made slight changes. Refinance rates are usually lower than purchase mortgage

Wells Fargo Refinance Mortgage Rates – Average 30 Year Home Loans Remain Under ...
Wells Fargo Refinance Mortgage Rates – Average 30 Year Home Loans Remain Under ... As we head into May 2011 Wells Fargo refinance mortgage rates remain very close to all-time lows as average 30 year fixed home loans are around 4.6%. It is very important to remember that not all homeowners will be able to lock into a mortgage rates

Refinancing auto loan: Is it worth it?
Would you refinance your car loan to save a Jackson each month? Over time, sure, the savings could add up to a couple Benjamins for a full year for many car owners. Credit unions, as well as some banks, are promoting the idea of reducing your rates by

Before QE2 Ends, Companies Race to Refinance Debt
Before QE2 Ends, Companies Race to Refinance Debt The Fed's program to buy $600 billion in US Treasury bonds, known colloquially as QE2, has kept interest rates low, spurring bond investors to buy riskier assets in search of yield. That allowed companies with weaker balance sheets to refinance debt at

Refinance Mortgage Rates – Banks Vs Brokers
Refinance Mortgage Rates – Banks Vs Brokers – Bank refinance rates declined in our last survey, but some loan brokers were offering lower rates. Americash Mortgage Banking had the lowest rate today. They found a zero point 30-year fixed rate mortgage for 4.554%.

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    FHA Streamline Refinance – Get a Lower Mortgage Rate with No Appraisal & No Closing Costs

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    Mortgage Architects
    651 Fennell Ave East, Hamilton Ontario L8V 1T9
    905-574-9200 ext 215



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    Mortgage Architects
    651 Fennell Ave East, Hamilton Ontario L8V 1T9
    905-574-9200 ext 215