Free Mortgage Refinance Guide from the Federal Reserve Board

by IreneDorang on July 5, 2009

in Home Loans, Recommended Resources

Are you thinking about refinancing your existing home mortgage?  If so, there’s a handy guide to home loan refinancing from the Federal Reserve Board that covers some important topics, such as:

  • Comparing home loan refinance options
  • Understanding ‘no cost’ refinances
  • Calculating when you will recoup the expense of refinancing your mortgage
  • Home mortgage prepayment penalties

There’s also a glossary of home loan refinance terms that’s highly useful.

The pamphlet dates from 2008 and is 29 pages, it opens up in just a few seconds via pdf – here’s the link:

A Consumer’s Guide to Mortgage Refinancings

By the way, if you would like recommendations to two mortgage professionals who I think are extremely good, just call or drop me a line.  (They are also listed on my Resources page.)

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