Advice On Refinancing Links

Mortgage Q&A: Running the numbers on refinancing

Q. I'd like your sage advice on whether you think I should consider refinancing. My current loan balance is $250,000 with a fixed interest rate of 5.50 percent on a 20-year term. Our monthly principal-and-interest payment is $2,710. Our property is worth at least $600,000. I have been making an ...

Wednesday, 2/8: LIVE CBS6 Answers Team Phone Bank

Looking for Free Financial Advice!? The CBS6 Answers Team is back and ready to take your questions on anything related to your money!

Mass refinancing: The ‘biggest thing’ Obama can do without Congress

From 2001 to 2003, Glenn Hubbard served as President George W. Bush’s chief economist. Today, he’s dean of Columbia University’s School of Business and one of Mitt Romney’s top economic advisers. But right now, the candidate who could most benefit from his advice is President Obama. Hubbard is an advocate for using Fannie Mae and Freddie Mac to set off a nationwide wave of mortgage refinancing ...

Free foreclosure help Feb. 18

The state’s Mortgage Relief Project will offer free foreclosure-prevention help during a workshop from 9 a.m. to 1 p.m. Feb. 18 at the Orland Park Civic Center, 14750 S. Ravinia Ave.The event will offer advice on mortgage refinancing, foreclosure prevention, credit counseling and avoiding scams. Homeowners can also obtain one-on-one counseling sessions with housing counselors.For information ...

Franklin saves money by refinancing bonds

Thanks to lower interest rates, the town is saving money by refinancing old bonds.