Refinancing Tips Links

Taking steps toward refinancing a rental property

I have a rental property that I bought five years ago for $170,000 but now is valued at $120,000. I have a mortgage at 6.75 percent with about $45,000 in equity on the property. I am not in financial difficulty, but I would like to take advantage of low interest rates. Is it possible to refinance my rental home? If so, any tips would be appreciated.

First Person: Bad economy means chopping wood, Dollar Store visits

STROUDSBURG, Pa. -- A Gallup tracking poll released July 15 shows that confidence in the economy is trending down as fewer Americans feel good about the nation's monetary health.

Low mortgage rates: Time to refinance?

Interest rates are historically low but starting to rise. Find out what it takes to tip the scales toward a refinance

Keeping home appraisal values up

Dear Action Line: We are refinancing, taking advantage of these rates, but heard appraisers are coming in much lower than owners expect due to the housing bubble or whatever. How do we get ...

Cash-out refinance is best choice

Dear Dr. Don, I am considering refinancing my home. My wife and I are 52 and have a mortgage balance of $152,000 at 5.5 percent with 23 years remaining on the loan. Our home is worth about $300,000. We need to do some home improvements -- new windows and a furnace.