Friday, February 3, 2012

Loan Options

With my newly unemployed status and DH's impending unemployed status, we are reviewing our mortgage options. Unfortunately, we refinanced last fall, so I don't think we're eligible anyway. But we do need to talk to the bank about possibly making some kind of adjustment. Thankfully we do have a bit of savings to get us through a few months, but it would be better if we could reduce it and extend that out a little longer.

While looking things over, we ran across some VA loan refinance rates. It doesn't apply to us as we aren't military, but it might help you or someone you know. To find out if you are eligible, you can click here. For market forecasts, mortgage rates and other real estate news in your area, the Housing Predictor is helpful. 

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