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2. How does a condo mortgage work? - AOL

   www.aol.com/finance/does-condo-mortgage...

   Yes, you can refinance your condo mortgage. It works similarly to a refinance for single-family homes, giving you the option to lower your interest rate or change your loan term. You can also tap ...

3. How and When To Refinance a Mortgage Loan - AOL

   www.aol.com/finance/refinance-mortgage-loan...

   Refinancing a mortgage loan only makes good sense if you can get a lower interest rate than what you already have. So, say you took on a loan with 7% interest — a very high rate — refinancing ...

4. Don’t Waste Money: Avoid These 10 Costly Mistakes When ...

   www.aol.com/finance/10-mistakes-avoid-refinance...

   Refinancing your mortgage has the potential to save you thousands in interest payments, but it can also drain your wallet if you’re not careful. From buried prepayment penalties to unnecessary ...

5. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   Refinancing savings vary based on many factors, including the refinancing you choose, your new interest rate, your new loan amount, your credit score and history (and that of your cosigner, if you ...

6. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

7. Housing and Economic Recovery Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Housing_and_Economic...

   The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.