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Mortgage Refinancing Help: Financial Economics
“If you have a mortgage, you should keep an eye on rates-especially if you have an adjustable rate mortgage. Getting locked in at a lower, fixed rate can save you hundreds, possibly even thousands, of dollars over the life of your loan.
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Mortgage Refinancing Help
: Science: Social Sciences: Economics
: Financial Economics (143)
 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:
 Journal of Finance »
Publication of research of the main fields of financial theory. Contents, forthcoming papers and data sets.
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 Global Macroeconomic and Financial Policy Site »
Research on contagion, Asia's currency crisis, and international finance. Provides many links to news, data sources, and other resources. Provided by Nouriel Roubini.
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 Joey Conway’s Blog »
Economic commentary about the automotive industry, fiscal policy, health care, monetary policy, and technology.
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 Derivatives-on-line »
Overview of financial derivatives modelling with focus on option pricing.
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 Real Options .org »
Provides research paper abstracts, book reviews, conference information, links, and downloads relevant to the theory and practice of investment under uncertainty often referred to as real options valuation.
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 Investment Performance Analysis »
Explains concepts and provides sample calculations of returns, measuring risk and performance attribution.
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 Damodaran »
Comprehensive site about topics of financial theory, with a focus in Corporate Finance, Valuation and Investments. Updated Data, Excel Spreadsheets and Papers.
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 Mechanisms for Financial Markets »
Various papers on a new auction mechanism that breaks auctions into auctionettes, and on a new design of an exchange rate mechanism.
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 Credit Derivatives »
Offers an introductory primer, detailed reference, and current news on this financial instrument. By Vinod Kothari.
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 Finance Site List »
Comprehensive list of finance-related sites organized by category. Maintained by The Journal of Finance.
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 EDIRC - Financial Economics Institutes »
Financial Economics Institutes
- Directory of links for Economics Departments, Institutes and Research Centers around the World.
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 Finance Resources on the Web »
Directory of sites maintained by the Dakota University.
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 Vinod Kothari's Securitization Website »
Comprehensive source of information and articles on securitization.
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 Lenders like pristine credit reports. If you have a bunch of open credit card accounts that you never use (and who doesn't?), consider closing them. It will boost your credit score and make you a much more attractive borrower to a lender. Then, a month after you've closed your accounts, go over your credit report with a fine-tooth comb. It should read that the accounts were closed at your request. (You don't want lenders to think someone cut you off and that you're a bad credit risk.)
You can ask for a copy of your settlement cost papers (the HUD-1 form) one day in advance of your loan closing. This will give you a chance to review the documents and verify the terms.
Know your credit score before you begin looking for a loan. If you can, try to remove any blemishes from your credit report before applying for a refinance.
Give yourself plenty of time to close. With most refinancings, your file is turned over to a closing or title company, which dictates the closing details. Like the lenders themselves, these firms are swamped when interest rates are low. Moreover, appraisers get backed up and can be difficult to schedule. So don't expect the closing to happen as quickly as anyone promises.
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