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Jul 11, 2018
Perfectly timing the market on a refinance is very difficult to do.   Interest rate markets move daily and unless you are in position to apply and submit all of your paperwork within 24 hours, it is hard to catch the bottom of the market.   But, being "very close" to the bottom is usually very good too.   But, these bottoms sometimes don't happen every month or every year.   So, what is a prospective borrower to do?
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A FREE real-time "grade" of your mortgage.  Compares current market to your loan.

1

Amount

2

Details

3

Your GRADE

Loan

$
$
%
$
*Assuming FHA 30 Year Fixed

Details

Results

A Very Good.
B Good.
C Average.
D Refinance Now!

 

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FHA requires a Refi
HUD requires that FHA mortgages after June 2013 to refi in order to drop the PMI.
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