Home
Photos
Archives
Profiles
Essays
Luke Ford
Lending Tree
Four Refinancing Tips for a Tight Market
If the subprime fallout has taught us anything, it's that a fixed-rate loan is worth its weight in gold- especially because rates are at such historic lows. With market values unstable, choosing a fixed-rate loan that guarantees that your rate won't skyrocket when it adjusts will guarantee you a better night's sleep. These tips probably are a departure from how people have approached mortgages during the last few years; but they're not overkill. If anything, they're a throwback to the more prudent ways of the past. Considering the recent problems in the market, they'll probably be a permanent part of the mortgage world's future.