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Refinance mortgage, refinancing home loans and should I refinance at this time?

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Top 5 hot markets

These cities had the biggest home value gains over the past year, according to the NAR.

See how the nation faredHome values: 5 worst markets4 percent mortgages: New norm?
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Don Taylorrefinance
Owning a first home free and clear should boost the odds of getting a refinance on a second home.
Question mark
Follow these tips to determine if it's worth paying points to get a lower rate.
Eager to pay off your mortgage a bit early? You might be better off looking at a 15-year loan.
A 20-year mortgage offers a lower payment, but there's one reason you might prefer a 30-year.
Even if you can refi to a lower rate and payments, you still may want to avoid it. Here's why.
The time to refi is before you move out and get a tenant. But what if you do it backward?
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Mortgages
Rates have jumped in the past few weeks, but will they return to record lows? Probably not.

Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
4.01% 4.04%
15 yr fixed mtg
3.11% 3.18%
5/1 ARM
2.82% 2.88%
30 yr fixed mtg refi
4.00% 4.03%
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