Redding, CA Mortgage Refinance in California
We make it easy to get the lowest mortgage refinance interest rate in Redding, CA.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Redding, CA residents can be on the way to a lower interest rate, a lower monthly payment, or switching from an adjustable rate mortgage to a fixed rate mortgage.
When Should I Refinance?
The best time to refinance is when interest rates in Redding, California drop below the rate of your current mortgage. With a lower interest rate, you'll save money on your mortgage payment every month. Be sure to read our article titled Reasons to Refinance Now.
Turn Your Adjustable Rate into a Fixed Rate
With adjustable rates on the rise Redding, CA residents can benefit greatly from refinancing your home for a low fixed rate. These benefits include a lower monthly mortgage payment, and the security of knowing your mortgage payment won't increase.
Cash-Out Refinancing
Using the equity in your home, you can refinance your mortgage for a higher amount than your current principal balance and receive the extra funds as cash. You can use this money however you would like, including, remodeling your home, paying off high-interest rate credit cards, paying off student loans, or consolidating all your debt. How much cash out you can receive by refinancing depends largely upon the principal balance remaining on your mortgage and the amount of equity in your home.
Eliminate PMI
Private Mortgage Insurance is usually required if your downpayment on your home was less than 20 percent. If your home equity has increased since your purchase, you may have enough equity to elimate that PMI payment by refinancing your mortgage.
Save Thousands in Interest
When you refinance your home you can decide to switch your mortgage to a shorter term, such as 10, 15, or 20 years. Depending on how much lower the refinance rate is, you will likely pay more per month for this shorter term home loan. However, in the long-term you are saving thousands in interest. And because more of your monthly mortgage payment goes towards the principal, your home equity will increase much quicker.
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Mortgage Refinance Calculators
Mortgage Payment Calculator
Refinance Savings Calculator
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Refinance Articles
Reasons to Refinance Now
Beat the Subprime Mortgage Crisis
Return to mortgage refinance in the state of CA
| Redding, California News |
Anderson Woman Accused Of Embezzlement
A 47-year-old Anderson woman is suspected of embezzling more than $104,000 from a Redding car dealership.
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Redding car dealer employee charged with stealing
An employee of a Redding car dealership has been charged with embezzling more than $104,000 from the company over a four-year period.
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Sex crime suspect in jail
A former police officer accused of online sex crimes with children was jailed early Monday in Medford after a three-day public manhunt in Oregon and California.
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Calif. game wardens search for elk poachers
California Department of Fish and Game wardens are searching for the poachers suspected of shooting a nearly 900-pound bull elk and cutting off its head.
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Redding bank robber sought
Redding police are looking for a man who robbed a Bank of America earlier this month.
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Alleged Mongols shooters charged for gang crime
Four men accused of gunning down a Hells Angels member outside an Old Town bar last week were arraigned in court Thursday afternoon on charges of attempted murder, assault with a firearm and participating in a ...
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U.S. gives $17 million to Redding-based bank
Redding-based Bank of Commerce Holdings has received a $17 million capital investment from the U.S. Treasury, according to the Sacramento law firm Downey Brand, which is advising the bank.
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85 Pound Salmon Found in Redding
State biologists say they've found one of the largest Chinook salmon ever recorded in California.
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Shasta Investigators say Boy Shot Himself with Fathera s Gun
Shasta County investigators have determined that a Redding police officer's son was the victim of an accidental shooting.
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Redding police officer's gun was weapon that killed his son, 4
The 4-year-old son of a Redding police officer who died from an apparently accidental shooting last week used his father's service weapon, authorities said.
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[CA] [MO] Within 3 days two preschool sons of law enforcement officers shoot and kill themselves.
On November 6th a 4 year old Redding California Police Officer's son shot himself in the head.
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Pharmacy Schools Have Rx for Job Blues
The enticement was hard to refuse: a signing bonus of $30,000. The wad of cash would help with student loans, so who could turn down the extra cash - on top of a nearly $130,000 annual salary? So, straight out ...
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Shasta Lake's low water level reveals a piece of California's past
An extremely low water level at northern California's Shasta Lake is revealing an interesting part of the state's history.
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Redding police see rash of thefts of catalytic converters
Redding police are warning residents about a rash of catalytic converter thefts.
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Shasta authorities probe death of officer's son
Shasta County sheriff's officers are investigating the shooting death of a Redding police officer's 4-year-old son.
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Calif. 4-year-old dies after home shooting
Authorities say the 4-year-old boy of a Redding police officer has died after an apparent accidental shooting.
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Pam Jung On the Scene: Nov. 6, 2008
Did you have a memorable Halloween? I did and blogged on it in Prospector Underground on our site, theunion.com. Now that the election is history, why not party down and dance? Friday, starting at 5 p.m. at the ...
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California owners to expand La-Z-Boy furniture chain
Owners of four local La-Z-Boy stores are expanding to Chico and Redding, Calif., according to a story in the Sacramento Business Journal.
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Nick Dunne Hart Attack Lock Back Indian Air
Nick Dunne from Redding California recently made the trip to southern california to take a break from his busy demo schedule to hang out and ride with the big dogs.
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Pat Gleason, Simply Put: Dreaming, both in and out of slumber
I have funny dreams sometimes. Most deal with chases over long distances, and they leave me tired when I wake up.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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