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Company Loan Type APR Est. Pmt.

Home Refinancy Incentive

Posted on: 04th Jan, 2010 12:27 pm
is there any type of tax credit or incentive for a home refinance? just wondering since we refinanced in dec to receive a 2.5% interest decrease. thanks.
do you mean like the first time homebuyer tax credit? that's easy - no.

honestly, there ought not to be such an incentive. the incentive to refinance is to save money or to borrow more money or a variety of other things, but they're all self interests. no way should government get involved in the refinance business.
Posted on: 04th Jan, 2010 02:26 pm
The incentive to refinance is a loer interest rate, the same incentive you had when you refinanced in December.

Not knowing what rate you now have and what balance the mortgage is, we can not tell if there is any rate incentive at this time.
Posted on: 05th Jan, 2010 03:11 pm
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