If I refinance my 9% rate mortgage after two years of making payments, what can I expect for a topical rate?
Answers:
you might not have remunerated down enough to refinance - they might only do it if you can show 20% equity, which might be tough next to the real estate market of the second yr or so, you will have only salaried down the balance 1-2%, and property may not have appreciated at all-may own gone down in value
That will depend upon your creditworthiness and the loan to importance ratio on the new mortgage. Without a fair bit of more information nobody here can give you a meaningful number.
BTW, don't lavish your time contacting the scumbag spammers who post their "I can help!" garbage here. Most of them are scammers working out of Nigeria or Latvia or some other God-forsaken hellhole. Even if they're not, they're muted enough to read the CG and TOS so would you REALLY want to trust them with a core item like a mortgage??
Don't contact the predators posting here, they are very bad communication. one of the worst ones posted.
You should be able to get 6.35 if your credit is upright. Go to a real lender, don't mess with your credit online.
I would unquestionably expect a rate under 7%! If you've made your payments on time short delay. You deserve a much better rate. Just use local lenders. Internet lenders won't be there if a problem occurrs!
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