deedee asked:


Current rate of ARM interest is 5.125%. Would it better to go for 6.75% mortgage refinance at no closing costs, if I am planning to live in the same house for next 7 to 10 years?

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tupicce asked:


i have a car for about a year now. the interest rate is 16.75%. i owe 7,500 on the car. i have a score of about 690-700. should i refinance the car or should i get a loan from the bank and pay it off. which is better, i need some advice.

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JR asked:


The problem is that I am over 80% LTV on my primary residence. Can I do a FHA loan? I am currently at 90%LTV. Is this the best thing to do? Anyone have any other suggestions? Even with PMI on a FHA loan, my refinance will be a better interest rate and lower monthly payment combined with PMI than my current variable loan. Any thoughts?

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Debbie V asked:


I have a 2005 Honda pilot with 30k miles on it
My payoff is 22k the truck is in good condition
I had the truck for 2 years still owe for 3 and a half years my interest rate is 7.9%
is it possible to lower my monthly payment
I have good credit
my monthly payment is $570
Has any one successively refinance

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Kirk A asked:


I want to refinance my house and take 40k out for a down payment on a rental property. Is the 40k taxable if I use it for the down payment?

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clf224 asked:


What are the pros and cons of refinancing? I recently inherited a house and am almost done paying the mortgage. Should I refinance (and if so, do what with the money?) or just pay the house off? Please advise.

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Criddle asked:


I am getting ready to close on my refinance. I called my current lender to make a payement and they advised me not to make a payment this close to closing because it will just be returned back to me because the amount is included in my payoff. How accurate is this? Will I now have to pay that at my closing?

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TRINIGAL asked:


We bought a home in FEBRUARY of 2005 the payments are pretty high we have a fixed 30 years mortgage at 6.125 and we are trying to reduce our mortgage payments, we are being offerd a 7 years fixed at 5.37 and a 10 years fixed at 6.125 both which is interest only which is the best refinance plan or should we stay with our present mortgage of 6.125 for 30 years.

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batman asked:


Bought as investment, 62k into it worth about 90k. Is a refinance tax deductible?

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boocheese asked:


I have a $11K consoliated student load at 4.75% with wells fargo. I have seen peopl with ony 2% interest rate, does anybody know a reliable insitution to refinance my student load?

Thanks in advance!!!

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