(NewsNation) — Those struggling to make mortgage ... rate modification. Interest rate cute: Reduces the payment amount due ...

So that will extend the amount of time you ... Yes, you can contact your mortgage company and ask about options available to reduce your payments via a loan modification. This is a permanent ...

The court held that the modification did not subordinate the senior mortgage to the junior mortgage. While an increase of the principal amount of a senior loan is ... and reduce the risk of ...

Someone might refinance a mortgage if interest ... pay refinancing points to reduce your loan's interest rate. The cost of each point is equal to 1% of the loan amount. If you do choose to use ...

Still, any increase in your down payment can help you get lower mortgage rates and reduce your loan amount. Here are some ways to save even more: Earn interest. For the funds you've already saved ...

Trading in a higher-rate mortgage for a cheaper one ... you might qualify for a loan modification. "Some lenders just change the rate lower," Goode says. Unemployment. You probably won't be ...

After a period of mortgage ... loan's term or structure. For instance, maybe you want a longer repayment term to lower your monthly payments or maybe you want a shorter term to lower the amount ...

Mortgage payments are likely the largest fixed expense most people have, so when you're dealing with a financial crisis, that's often the most challenging bill to keep up with. The best thing to do ...

even when you're able to secure a lower interest rate than your current mortgage, including: Higher closing costs. You’ll pay significant closing costs, typically 2% to 5% of the loan amount.