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2011-06-14 16:33:32 Did you miss those record low rates?
An important thing to keep in mind is that points paid in connection for refinancing a home are generally not considered prepaid interest and must be spread over the life of the mortgage. Some advisors suggest that you have the lender quote a 'par value' loan to eliminate the points which will lower refinancing costs even though the mortgage rate will be slightly higher. Additional income tax information is available in IRS Publication 936.
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Blog Archive
2013-05-13 09:25:37Why Am I Making My Landlord Rich? 2013-04-29 10:01:52 Most Recent Statistics 2013-04-24 07:48:26 Dear Mr./Ms. Buyer, 2013-02-11 10:44:31 Beaverton's Housing Inventory Broken Down by Price 2013-01-31 11:00:29 Beaverton: Where'd All The Houses Go?! 2013-01-18 10:11:06 Are You Prepared?? 2013-01-10 06:45:12 Did you know this about Beaverton area real estate 2012-10-10 13:07:00 Fed's Move Makes NOW A Great Time To Buy! 2012-01-16 14:36:34 Which Is Your Better Choice? 2011-12-28 08:35:38 'This year I'm going to...' 2011-12-20 12:17:09 Gifts 2011-12-15 08:47:15 Home 2011-11-30 08:51:55 Why pay full price? 2011-11-22 11:22:15 The Best Way Home 2011-11-15 18:46:20 Waiting - Waiting - Waiting 2011-11-09 11:17:47 One Size Doesn't Fit All 2011-10-26 08:54:44 Yours or Theirs 2011-10-17 14:45:08 For Sale By Surviving Spouse 2011-10-10 19:35:12 You Must Be This Tall To Ride 2011-09-23 12:17:18 Portland-Vancouver Listing Prices Up 10.52% 2011-09-19 15:18:48 Where Does My Money Go? 2011-09-14 10:38:05 Portland ranks 4th Healthiest City! 2011-09-12 10:50:18 Converting a Home to a Rental - Is It For You? 2011-09-06 10:50:12 Competing With Cash 2011-08-15 12:07:41 You'll Have More to Sell Click here to see ALL articles. |
Fixed Rate mortgages are at their lowest level for 2011 as reported in the current Freddie Mac weekly 
