2% rule of thumb in refinance

I am about to refinance for the first time. In the process I heard the term 2% rule. What is it actually?

What does it mean to float a rate?

Should I buy a home?

I'm wondering if i should buy a home? I owned a home that was sold in a Short Sale over 1 yr ago. The debt was settled for less the amount and the rest was wrote off. Since the Short Sale I have receive...

Would I qualify for a homepath loan?

I have a middle credit score of 586, I just paid off everything on my credit report last week. I have 5,000.00 in bank for downpayment ,can get 2,000.00 more by next month. I don't want to rent anymore,...

I see an article on this site that says today rates hit lowest in a year...

Should we try to lock today?

What constitutes a second home vs. an investment property?

Someone said, it has to be more than 20 miles from my primary home to be a second home. Is that correct?

If i get a usda loan am i eligible for a second mortgage on the property?

I am looking at purchasing my first home via usda loan. my question is, are second mortgages allowed on usda loans?

FHA mortgage with paid collections?

hi! I recently have been planning to start the mortgage process by feb-mar 2012. I started to clean up my credit and paid off 5 of 6 collection accounts. All the collections are over 2 years old except ...

FHA mortgage with paid collections?

hi! I recently have been planning to start the mortgage process by feb-mar 2012. I started to clean up my credit and paid off 5 of 6 collection accounts. All the collections are over 2 years old except ...

With a middle score of 519, would I be able to qualify for a mortgage to...

Howe bad will my rate get hit?

I filed bankruptcy 3 1/2 years ago is there any kind of loans available ...

Is there hope for me to buy again?

I'm hoping to buying a home again but have had a lot of credit problems including a foreclosure and bankruptcy. I am looking for advice to position myself for the market. Current Financial SituationI ma...

Why are rates all over the place? I see on this site some lenders have ...

Why would I even consider the guy with 4.875? AM I missing something?

My site developed by Lender Home Page. Does not come up on Arizona VA L...

HI, I have a website developed by lender homepage. I just registered it in the Lender 411 site. Under VA loans in the arizona area. When I search on the site, it does not come up. My address is www....

Help with refinance of 2 rental properties in Ohio...

I own 2 single family homes in Sandusky Ohio. 1 has 3 bedrooms, the other a 2 bedroom, and both currently renting for $500/mo ... each. I own both homes out right, with NO mortgage. I am looking into re...