In The Market For Oregon Mortgage Refinance | Ramblings of an e-trader

Tuesday, 20 November 2007

In The Market For Oregon Mortgage Refinance

I had the chance to talk to a friend of mine last night and he told me that he bought property in Oregon not too long ago. I was rather curios on why he should buy property there because he is from New York City but he told me that he has plans to start a branch office in Oregon so a home there is a good investment to make.

However, according to him, interest rate has fallen lately and he is now in the market for Oregon mortgage refinance. I can understand that although the savings may seem little on a month to month basis, add up the little sums and it would be a significant savings. That's why my friend is quite desperate to apply for refinancing as soon as possible.

My friend told me that if he is successful in his application for Oregon mortgage refinance, he would still be repaying the same amount of money monthly to service his refinancing schedule but that would mean that his 30-year repayment term will be shorten significantly.

I did show him the website of Oregon’s Best Mortgage and hope that he will gain an insight into remortgaging and see how best he can take advantage of the services offered by the company.

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