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Mortgage Refinancing Help
: Business: Financial Services: Mortgages
: News and Media (18)
 Be Proactive. Your loan representative should keep in contact with you even if there isn't any action on your loan. But do your part to keep the lines of communication open as well. If you don't hear from your loan representative for a few days, pick up the phone and ask for an update. The old adage that the squeaky wheel gets the grease definitely applies in this situation.
 See also:
 Mortgage Lender Implode-O-Meter »
News about troubled mortgage companies with a running count of failed U.S. lenders.
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 Broker Universe »
Daily news on the mortgage industry and loan brokering.
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 The Truth About Mortgage »
Weblog providing industry-related news and a list of closed U.S. lenders.
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 Canadian Mortgage Trends »
Weblog with news about Canadian mortgages.
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 Mortgage Servicing News »
News for mortgage professionals focusing on finance and marketing.
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 Scotsman Guide »
Periodical serving mortgage originators. Includes information on both residential and commercial versions plus subscription and advertising rates.
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 Mortgage Technology »
Publication addressing the influence of technology on the industry. Includes featured story, tech awards, buyer's guide, glossary.
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 Housing Wire »
Weblog with wire stories and original articles about U.S. mortgages and housing.
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 Mortgage Daily »
Online news publication. Includes articles on fraud, lawsuits, current production, employment and sales. [Requires paid subscription]
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 Mortgage News Daily »
Provides news and rates for consumers. Includes current headlines and monthly archives.
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 Mortgage Originator Magazine »
Online version of the monthly magazine. Features articles, editorials, industry news, annual resource directory, company profile, media kit.
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 Origination News »
Monthly news magazine for the mortgage origination business. Presents featured story, sample issue, archive.
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 Blown Mortgage »
Weblog with commentary, news and advice from the perspective of a mortgage originator.
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 Mortgage Ledger »
Daily news on the mortgage industry. Includes discussion pages, calendars, events, and statistics.
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 National Mortgage News »
Weekly newspaper serving the industry in the US and internationally. Features news, analysis, trends and events, buyer's guide, regulations updates.
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 Reverse Mortgage and Loan News »
Weblog with industry news and commentary.
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 Your Mortgage Magazine »
Bi-monthly publication focused on Australian residential and investment property finance. Includes daily updates of bank interest rates, fees and charges, with links to loan calculators and a weekly newsletter.
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 Inside Mortgage Finance Publications, Inc. »
Excerpts from various newsletters. Includes industry news, statistics, trends and regulatory commentary. [Requires paid subscription]
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 When evaluating different lender offers, in the mortgage loan pre-approval process, pay closest attention to the interest rates they are offering & the closing costs. These are the two biggest factors that will help you figure out which lender is right for you. If one of these two factors is too high, it could offset the benefit of refinancing for you.
Weigh the costs carefully of how long you will be staying in your home vs. how much of a savings you will be getting in a refinance. Make sure you include closing costs in your decision.
If you want to make sure the interest rate your lender offers you is the rate you get when you close the loan, ask about a mortgage lock-in (also called a rate lock or rate commitment). Any lock-in promise should be in writing. Make sure your lender explains any costs or obligations before you sign.
Carefully review the estimated closing costs. If you decide to lock in the rate, the lender will send you a "good faith estimate" of your closing costs within three days. Go over the numbers carefully, and compare them to the ones that appear on the final settlement statement (the HUD-1) from your previous mortgage.
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