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Posted: May 31st, 2008, 5:24am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
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Posted: May 31st, 2008, 4:37am CDT
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
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Posted: May 31st, 2008, 4:19am CDT
Like many homebuyers who bought a home using an adjustable-rate mortgage in recent years, James Legendre, found it was more challenging...