Refinance Questions
bostonoak
8 years ago
Featured Answer
Sort by:Oldest
Comments (10)
Elmer J Fudd
8 years agolast modified: 8 years agomaifleur01
8 years agoRelated Discussions
refining list - a few more questions
Comments (2)Hi I'm in Colo and my friend who lives in Denver planted Cherokee Purples along with a ton of other heirlooms last year. Of course most of the heirlooms aren't always as productive as hybrids but she had a wonderful crop and the CP was one of her favorites! Another friend of mine in Boulder had an awesome turnout with her Brandywines--that's all she planted, 30 brandywines and each plant had tomatoes falling on the ground. She couldn't keep up. Colorado weather is as you know often unpredictable and weird but I've always had success with any tomato I've ever planted here. I've heard great things about Kellogg's Breakfast but I've never planted or tasted it. Maybe next year, I've got my hands full with too many seeds as it is. Good luck!...See MoreRefinance w/401K or try to get modification from bank?
Comments (8)Also, a lot of people who anticipate only being between jobs for a short time will play the COBRA waiting game and use it as a temporary insurance. They give you 60 days to decide so if you don't decline it, you can be covered in the case of emergency for those two months. If you don't end up needing insurance, then you don't pay anything but if you do need it within those 60 days, you can elect COBRA and it covers you retroactively from the day it was offered. Also, once you elect it, you have 45 days to send in payment, so you could elect it and then just not pay if you don't need it, So in theory you could have over 100 days of emergency insurance for free if you don't end up needing it, and you would only have to pay the premium if you do need it, which is far less than a hospital bill . I don't know how strictly ethical it is to do that but it's how their rules are set up and it is often a lifesaver for people in difficult situations....See MoreRefinance Mortgage Question
Comments (7)While Dave's answer is basically correct, there's really more to this. 1. What would you like? Do you want to keep the HELOC in place? 2. If so, your lender will ask you about that and determine if your CLTV, or combined loan to value (1st and second mortgages added together), fit within their guidelines for the product you are applying for. Most products have specific LTV and CLTV requirements. 3. If your scenario is within the guidelines based upon your most recent appraised value, then you will be required to have your current HELOC Lender re-subordinate that loan. 4. If you do not want to keep it open, or that loan does not fit within the Lenders guidelines, you will either have to close the HELOC or renegotiate a smaller line to fit the guidelines. Only your lender can tell you what the guidelines are for their particular loan program....See Moremortgage rate & refinance question
Comments (4)Hi Bellaflora, Maybe... but not so much as to likely make too much of a difference anymore. Certainly no longer worth the risk of floating unecessarily. I've been calling for rates to drop & penetrate the 2003 lows almost since we left those lows... MUCH to the great derision of several malingerers hereabouts. I am officially shifting my bias, right now. I think we are at, or very near the realistic alltime lows. I still expect 30 FRMs to stay at or under the 7%s for the rest of our lifetimes (and likely our grandkids' lifetimes,) and I expect them to stay under 6% for at least the next 5-8 years. I do not think there's much serious downside to be found from here, though. Cheers, Dave Donhoff Leverage Planner...See MoreElmer J Fudd
8 years agolast modified: 8 years agoUser
8 years agobry911
8 years agolast modified: 8 years agoElmer J Fudd
8 years agolast modified: 8 years agobry911
8 years agolast modified: 8 years agomaifleur01
8 years agobry911
8 years agolast modified: 8 years agoElmer J Fudd
8 years agolast modified: 8 years agobry911
8 years agolast modified: 8 years ago
Related Stories
HOUZZ TOURSMy Houzz: Rustic Meets Refined in a Converted Ohio Barn
Intelligent reuse and innovative engineering create a modern family home that’s anything but typical
Full StoryRUSTIC STYLEHouzz Tour: Rough-and-Tumble Refinement
Explore this barn-inspired home that’s designed for an outdoors-loving family
Full StoryHOUZZ TOURSHouzz Tour: Refined Casual Style for a Gracious Farmhouse
Once a rustic weekend cabin, this spacious Georgia home now comfortably accommodates the owners and their guests full-time
Full StoryDOORS5 Questions to Ask Before Installing a Barn Door
Find out whether that barn door you love is the right solution for your space
Full StoryMOST POPULAR8 Questions to Ask Yourself Before Meeting With Your Designer
Thinking in advance about how you use your space will get your first design consultation off to its best start
Full StoryREMODELING GUIDESConsidering a Fixer-Upper? 15 Questions to Ask First
Learn about the hidden costs and treasures of older homes to avoid budget surprises and accidentally tossing valuable features
Full StoryTASTEMAKERS5 Questions for Heath's Adam Silverman
A studio director brings out-of-the-ordinary dinnerware and home accessories to Heath Ceramics' showrooms. See where he goes for inspiration
Full StoryROOM OF THE DAYRoom of the Day: A Maine Guest Cottage Steeped in Charm
Once offering eggs for sale, this little guesthouse now offers a serene experience in a refined rustic setting
Full StoryKITCHEN DESIGNHouzz Call: Tell Us About Your First Kitchen
Great or godforsaken? Ragtag or refined? We want to hear about your younger self’s cooking space
Full StoryHOMES AROUND THE WORLDRoom of the Day: Elegant Open-Plan Living in London
This living-dining-kitchen area in a period apartment is light and refined, with just a dash of boho style
Full StorySponsored
More Discussions
maifleur01