my mortgage is too high

What do I do if my mortgage int rate is too high? | Yahoo. –  · My interest rate is 7.57 on my mortgage. My house is NOT worth what I owe on it (anymore). I earn enough to make the payments but feel I’m throwing my money away. Banks will not refi me because the house isn’t worth what’s owed. My current lender won’t help unless there is a hardship–and there isn’t one. (Yet. I live in mich!)

Reasons your mortgage rate is high — and how you can fix it – Wondering why your mortgage rate is so high? It could be a direct effect of what you are — or aren’t — doing. Hate shopping? Don’t pay your bills on time? Rarely keep track of your mortgage.

requirements for home equity loans A home equity loan is a type of second mortgage.Your first mortgage is the one you used to purchase the property, but you can use additional loans to borrow against the home if you’ve built up enough equity.Using your home to guarantee a loan comes with some risks, however.

Is My Mortgage Payment Too High for chapter 7 bankruptcy. – Good Faith, the Mortgage Payment, and the Chapter 7 Bankruptcy. The question, "Is my mortgage payment too high for Chapter 7 bankruptcy?" is really a question of something that the Bankruptcy Code calls "good faith" in the filing of a Chapter 7 petition—and the answer is very location-specific. A fellow bankruptcy lawyer recently joked that, if your mortgage payment is higher than the judge.

High debt payments make it harder to get approved for your mortgage. When your debt-to-income ratio is too high, you can get it under control.

How High is Too High for Mortgage Rates? – – How High is Too High for Mortgage Rates?. In fact, the expectation of future Fed rate hikes is already putting upward pressure on mortgage rates. The benchmark 30-year, fixed-rate mortgage rate jumped three basis points to 4.4 percent this past week. Since the start of the year, the benchmark.

10 year fixed loan 10 year fixed rate mortgage – – A 10 year fixed rate mortgage is a home loan paid over 10 years in which the interest rate on the mortgage note does not change month-over-month during the life of the loan. At the end of the 10 year repayment period, the loan is fully amortized.

Is this my mortgage rate too high? : Mortgages – – I bought this fixer upper house for 232k for cash and borrowed money from friends/family. Did a light remodel appraised at 320k and renting it out.

Taxes and mortgage payment are too high, where do I go for help to keep the house? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

 · If you’re trying to refinance, but your debts are too high, you might be able to eliminate them with a cash-out refinance. The extra cash you take from the mortgage is earmarked to pay off debts, thereby reducing your DTI. When you close your refinance mortgage, checks.