mortgage interest rates reflect the true costs : Annual fees interest rates (APR) is the true cost of the mortgage on behalf of the figures , including interest credited Dian Dian Dian mortgage loan origination fee Dian Insurance underwriting costs and other expenses . But does not include homeowners insurance costs.

 mortgage interest rates announced one day only once: mortgage rates change frequently within a day , and sometimes huge ups and downs . Apply for mortgages should inquire about the different mortgage rates and more .

 All lending industry by decree on valuation and credit report charged the same : no regulations on the lending industry valuation and credit reports and other services charged the same , in order to compete , some industry eliminates this type of service fee .

I have to give my business to apply for pre-approved mortgage : Pre- approval is conditional agreement with an estimated industry willing to give you the loan amount , but you have no obligation it has to apply for pre-approved mortgage industry .

 You open a bank checking account can give you the best mortgage rates : your bank account rather unlikely because you have to give your best interest rates, many operators should obtain information on mortgage rates and conditions , including your bank .

jointly with your spouse apply for mortgages , the industry will be treated equally couple's credit report to determine the interest rate: industry briefing from the three major credit agencies to obtain credit score , the lower of the two scores will be determined from the rate . Therefore, the spouse of poor credit , mortgage monthly repayment amount for the greatest impact .

is less than 5 percent down payment is less than the mortgage application : lowest pay only 3.5% down payment , you can get Federal Housing Administration (FHA) loans , such loans by the inability to pay high forehead subsection or those in poor credit record welcome.

If you are a short sale or foreclosure , to wait at least seven years to get a new mortgage : short sale, usually have to wait two to four years will be able to buy a new house . After foreclosure , will have to wait three to seven years.

If your house drowning , you can not refinance : homeowners drowning repayment schedule , you can use two kinds of special government programs to refinance one "Residential Affordable Refinance Program" (HARP), another is " FHA streamline refinance " , can help homeowners do not pay too much money in the case of lower interest rates reduce the monthly repayments .

Do you at least have to wait 12 months to refinance : If you Freddie Mac (Fannie Mae) or Fannie Mae (Freddie Mac) secured small loans refinance can be arbitrary , but be careful not to re- loan pay more , and only lower mortgage rates or life .