mortgage refinancing, Tips On Home Refinance news.

Mar 06, 2011 by Crystal Sunshine | Posted in Renting & Real Estate

I've seen that you can put down as low as 3% for a down payment on a home but I know it'll cost more for monthly mortgage payments this way. How does refinancing a mortgage work? Would someone be able to put down 3% and then later on refinance to a better

With interest rate as low as it is now. No point of getting refinance later. Now it's almost 5%. unless interest rate drop to about 3.5%, dont even bother to consider refinance. Refinancing is when you borrow a new loan to terminate your current loan.

Mar 14, 2011 by Jenna R | Posted in Renting & Real Estate

I am looking for ways to pay down my mortgage faster if you have any advice that would be great. Also I would like to know if renewing and refinancing a mortgage is the same thing and is there any fees you have to pay when you do this.
What are

They are not the same thing (renewing, refinancing).

You have some options if you would really like to pay your mortgage faster and this would include increasing your payments, lump sum payments, increase or add more payment schedules,

Mar 14, 2011 by pinkii | Posted in Personal Finance

Paying $800 a month for my mortgage and $650 goes srtaight to interest. How do I reduce that?

Sounds like you are about to consider starting to pay down your mortgage.
What you have rigth now is that "glimmer of thought" that starts the ball rolling.
You'll look into re-financing and you will realize that closing costs