California Refinance Rates
California Refinance Rates
            Wed August 20/2008  


Arcadia
Bakersfield
Berkeley
Chico-Redding
Downey
El Centro
Escondido
Eureka
Fremont
Fresno
Huntington Beach
Irvine
La Jolla
Lake Tahoe
Los Angeles
Marin Co
Modesto
Oakland
Orange Co
Palm Desert
Palm Springs
Palo Alto
Pasadena
Rancho Santa Margarita
Riverside-San Bernardino
Sacramento
Salinas
San Diego
San Francisco
San Gabriel Valley
San Jose
San Luis Obispo
Santa Barbara
Santa Clara
Santa Cruz
Santa Rosa
Sonoma Co
Stockton - Lodi
Sunnyvale
Thousand Oaks
Ventura Co


Time to Refinance?

 


Take advantage of low interest rates and refinance your mortgage today! It could lower your monthly payments and let you spend more money paying of off debts with higher-interest.

How do you decide if it's time to refinance? Take a look at the following points:

Advantages of Refinancing
Refinancing your mortgage is nothing more than creating a new, smarter mortgage. By paying careful attention to your regional interest rates, you can decide when to act, and put your mortgage to work for you:
  • Increase your equity faster
  • Switch to a mortgage with a lower interest rate and reap the advantages of a better rate
  • Get rid of other high-interest debt you may have, such as department store credit cards or student loans
  • Enjoy the peace of mind of maximizing your home investment

The funds you free up by refinancing your mortgage can be used for so many different things, such as going on vacation, putting your children in a good college, or simply to be able to enjoy a better standard of living.


Refinance Checklist

» Ask if your prospective mortgage broker or lender are licensed with the CMLA, the California Mortgage Lending Act of 1994. http://www.corp.ca.gov/pub/mb.htm

» Investigate their complaint history at the Better Business Bureau online. http://www.bbb.org/

» Ask if they are a member of the CMBA, the California Mortgage Bankers Association http://www.cmba.com/

» Are you eligible for Affordable Housing? If so, ensure that your California Refinance Lender is able to broker a loan that meet's your needs. Here is the latest Interest Rate Schedule: http://www.calhfa.ca.gov/homeownership/rates/index.htm

 

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