...Foreclosures signal need to consider the economyExeter News-Letter, NH -Nov 13, 2007And it's bad news for potential first-time homebuyers whose credit is going to have to be better than it would had they sought a loan earlier in the year. A refinance mortgage loan generally means paying off your original mortgage by signing a new loan. Your refinance mortgage loan acts like your typical mortgage loan. That means that you pay most of the same costs you paid to get your original mortgage.
