Is a 15year fixed mortgage a good option in today's rate environment? Someone was telling me the sweet spot is 30-year fixed
Def a good option right now if you can afford it. You can get 15 year term for close to 4%

Is a mortgage in my future?
I agree.... best thing to do is have someone review your scenario in depth. As long as your credit score is good and your income is sufficient to pay all of your bills and your new mortgage, you should be fine.

I read on one of the blogs on this site that the rates are at the lowest ever. is that true?
Rates are at historical lows right now.... it is a great time!!!

Is this considered a second mortgage? What should I do with my first home?
It is not a second mortgage. It would just be considered an investment property and the cash flow from it would be considered when calculating your income ratios. As long as you have sufficient income to support repaying the new loan and some sort of assets in reserve in case the investment home sits...

Can I Refinance Again For 15 years?
There is no reason that you can't do this.. I would just be curious as to what would motivate you to do something like that. Your house will be paid off soon, but it is possible that you could save a significant amount of money if you did this ... if that is what you are looking to achieve. I am can lend in every...

I bought my condo in 2008 at a rate of 6%.
You need to pull out your paperwork/ mortgage note and read through it. If there is some sort of recapture close to what you got from the government it may not be considered true equity you have in your home.

I signed the mortgage, but my husband financed. Is my credit score at risk?
Depending on the state you are in it is possible that your husband was the only person on the loan and you were just required to sign the deed of trust, etc due to state laws. If this is the case , then as long as you can stand on your own without your husbands income you may be able to get a new mortgage. It really...

Fannie Mae Rejected Us! Who Can Help?
Are you buying a condo? email me at pkelsey@myhsoa.com