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Mortgage Refinancing Help

Mortgage Refinancing Help: Information Services

The length of time that you expect to keep the mortgage helps you determine whether it is worthwhile to pay points up front to reduce your interest rate. Unlike points paid on your original mortgage, points paid to refinance may not be fully deductible on your income taxes in the year they are paid.

 

 
           
Mortgage Refinancing Help : Business: Financial Services : Information Services (44)

 

 

 

Mortgage Refinancing TipYou have a legal right to a good faith estimate. Get a copy of this document and go over it with a fine tooth comb, it will reveal where there is a real problem.



 
DerivativesModels.comDerivativesModels.com »
Site dedicated to providing information and resources for those interested in derivatives.
 
FundDataFundData »
Data company specialising in international closed-end fund information.
 
BankersOnline.comBankersOnline.com »
Provides banking content to financial services professionals.
 
Intex Solutions, Inc.Intex Solutions, Inc. »
Supplier of structured securities data, cashflow generators and analytical solutions.
 
Veribanc, Inc.Veribanc, Inc. »
Provides bank safety ratings, research and analysis on U.S. financial institutions.
 
Data Broadcasting CorporationData Broadcasting Corporation »
Provides real-time stock market quotes and financial information and news, customized portfolio tracking and other information to investors and traders. (Nasdaq: DBCC).
 
GFC EconomicsGFC Economics »
Provides independent economic research to the investment management community.
 
Intellasia VietnamIntellasia Vietnam »
Provides in-depth Vietnam reports on banking, finance, trade and investment.
 
MoneyWebMoneyWeb »
Financial directory and resource guide.
 
Euromoney DataEuromoney Data »
Source of contact data for direct marketing, sales and research in the financial markets.
 
Financial.comFinancial.com »
Offers financial data, analysis, and news pertaining to the American and European markets.
 
Geosegment SystemsGeosegment Systems »
Provides market data to banks, mortgage companies, and mortgage insurers.
 
SourceMediaSourceMedia »
Provides market information including news, analysis, and insight to the financial services and related industries.
 
Karen Gleason & Associates, IncKaren Gleason & Associates, Inc »
Magazine rep firm for publications in the financial and technology industries.
 
CFO.com Finance CenterCFO.com Finance Center »
Provides financial information and news articles.
 
Wilshire AssociatesWilshire Associates »
Provides portfolio analytics, investment consulting and asset management.
 
The Paper SourceThe Paper Source »
Resources for buyers and sellers of mortgage notes, and other income streams.
 
Bureau van Dijk Electronic PublishingBureau van Dijk Electronic Publishing »
Supplier of corporate, financial, marketing and economic databases and manipulation software, directories, technical, legal and bibliographic data.
 
NeuerMarkt.comNeuerMarkt.com »
Provides all kinds of financial information from major capital markets.
 
Telekurs FinancialTelekurs Financial »
International data provider for real time quotes, corporate actions and business news.
 
Investment Counseling, Inc.Investment Counseling, Inc. »
Annual survey and study of the money management industry's business trends.
 
Information Research NetworkInformation Research Network »
Market research consultant.
 
Equity Research AssociatesEquity Research Associates »
Independent economic research on the paper and forest products industry.
 
Business Monitor InternationalBusiness Monitor International »
Provides analysis and forecasts on global emerging markets.
 
FactSet Research SystemsFactSet Research Systems »
Supplier of financial and economic information to the investment management and banking industries.
 
money-rates.commoney-rates.com »
Daily updates best rates on bank CDs, money markets, and savings account.
 
Association of National Numbering Agencies (ANNA)Association of National Numbering Agencies (ANNA) »
International association with responsibility for coordinating and administering the international standards for ISIN (International Securities Identification Number), ISO 6166 and CFI (Classification of Financial Instruments) ISO 10962. Also sponsors the GIAM Project (Global ISIN Access Mechanism).
 
ABSNetABSNet »
A source for structured finance news, data, research and analytics.
 
Association for Financial ProfessionalsAssociation for Financial Professionals »
Resource for financial professionals.
 
CardTechnology.comCardTechnology.com »
Global news surrounding smart cards and advanced card applications.
 
Lane GuideLane Guide »
Original and complete Lender, Creditor and Banking directory.
 
PPPBulletinPPPBulletin »
Provides business to business information with products spanning over 250 countries.
 
Synergistics Research CorporationSynergistics Research Corporation »
Provider of research for the financial services industry.
 
Maths.grMaths.gr »
Mathematical estimations and forecasting of economic sizes for business.
 
The Russell IndexesThe Russell Indexes »
Provides information on the Russell indexes.
 
Debt MarketplaceDebt Marketplace »
Resource designed for buyers and sellers of delinquent debt.
 
Sheshunoff Information ServicesSheshunoff Information Services »
Provider of financial data and analysis, and information management products.
 
Thomson Financial Securities DataThomson Financial Securities Data »
Business research on companies, markets and industries around the world.
 
SkyMinderSkyMinder »
Business and financial information about European and U.S. companies.
 
E-ComplianceE-Compliance »
Financial regulatory information and referral service for financial firms.
 
DefaultRisk.comDefaultRisk.com »
Credit risk modeling and measurement resource for corporate debt.
 
Global Financial Training and TechnologyGlobal Financial Training and Technology »
Liquidity management, contingency funding, and, capital adequacy planning.
 
NYSeDataNYSeData »
Serves as a portal for NYSE-related data.
 
First Line Data Solutions, Inc.First Line Data Solutions, Inc. »
Provides mortgage lenders with broker and correspondent approval reports.

 


 
      


Mortgage Refinancing TipDon't escrow taxes and insurance. Unless you're undisciplined, avoid putting monies in escrow to cover your property taxes and homeowner's insurance. There's usually a fee for this privilege that runs under 1 percent of the loan amount, in states where it's allowed. "Paying the fee will allow you to time your tax and insurance payments to your benefit," says Bank South's Steve Austin. For instance, you may be able to prepay taxes that are due next year and use those payments to reduce your current tax bill. Moreover, you get to hang onto your money longer. That may be an advantage when interest-bearing accounts start paying more.
 

Mortgage Refinancing TipMake sure that your original mortgage does not have a pre-payment penalty or early payoff penalty of any kind. Sometimes people will get into their mortgage with the mortgage having a pre-payment penalty and they will not even know about it. Pre-payment penalties usually range from 6 months to 3 years with a penalty for an early payoff. The penalty is usually about the amount of 6 months worth of your mortgage loan interest, but this varies. You would have to be able to have some significant payment and interest savings on your refinance loan to justify refinancing a mortgage loan with a pre-payment penalty.
 

Mortgage Refinancing TipThere are literally thousands of mortgage companies all over the country. It is important that you choose a reputable one. Most reputable companies will be part of the Better Business Bureau or other community watchdog group. Good companies will also have websites that rank well on search engines such as Yahoo and Google.
 

Mortgage Refinancing TipBe Inquisitive. It's your responsibility to make sure that you understand the terms of your loan. Ask questions and listen carefully to the answers. Don't sign your loan documents until you are satisfied with the information and confident that you have made the right decision.
 

   

   


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