How long will the rates remain this low? My option ARM expires in a few months. can i still ride it out?
Brian, Its very difficult to answer your question. A lot of option arms were originated with extremely high margins. Margin was how banks made profit. Your interest rate consists of index + margin. There were several different indices on which the option arm was based on depending on who the investor was....

Loan after forclosure
As long as you have maintained a clean credit history after the foreclosure and your score is high enough to meet the guideline requirements it will definitely be possible for you to obtain a financing.

Need a 100% refinance in Las Vegas for $400,000.00
To answer your first question a refinance is basically you re-purchasing your own house with a new loan and terms are based on the new loan. If it's a 30 year loan then you're in for another 30 years. I'm a direct lender and based on your information most important information I'll...