Refinancing

The practice of paying off one loan by obtaining another. This is generally done to secure better loan terms, such as a lower interest rate. In cash-out refinancing, it is used to borrow additional money.

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Mortgage Refinancing in a Recession

With mortgage rates near record lows and the economy mired in a serious recession, there has never been a better or more urgent time to refinance a home.

When Not to Refinance Your Mortgage

Here are the potential problems if you've had your home for a long time, plan to move soon or have a prepayment penalty.

National Mortgage Alliance Home Loan

National Mortgage Alliance has one of spring's best nationally available deals on a 15-year fixed-rate home loan. It's charging well below the current average cost for these loans and this deal is available to borrowers nationwide.

3 Roadblocks To Auto Loan Refinancing

It may be possible to substantially lower your monthly payments and reduce the total amount of interest you ultimately pay by refinancing your auto loan, but it's very hard to do.