Latest News in Refinancing Home Mortgages – Dec 18, 2008
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.Calls to refinance surge – Canton Repository
Mortgage brokers reported a surge of calls from borrowers seeking to take advantage of the Fed?s extraordinary decision Tuesday to lower their prime lending rates from 4 percent to 3.25 percent. Some brokers were quoting mortgage rates of close to …
Borrowers rushing to refinance loans as rates drop – Associated Press
WASHINGTON (AP) — Homeowners around the country are scrambling to refinance their mortgages at the lowest rates since the early 1960s as the economy staggers through what’s likely to be the worst recession in decades. Mortgage brokers are already …
Mortgage requests climb 2.9 percent – Post-Crescent
WASHINGTON ? Mortgage application volume jumped last week, fueled by borrowers seizing on lower rates to refinance home loans, the Mortgage Bankers Association said Wednesday. The trade group’s seasonally adjusted application index rose 2.9 percent …
Mortgage applications climb 2.9% – Everett Herald
Mortgage application volume jumped last week, fueled by borrowers seizing on lower rates to refinance home loans, the Mortgage Bankers Association said Wednesday. The trade group’s seasonally adjusted application index rose 2.9 percent to 841.4 in …
Mortgage rates are near 4.5%, a historic low – Detroit Free Press
Mortgage rates are at or near historic lows, dropping quickly in the last couple days, spurring more homeowners to refinance at rates now hovering around 4.5%. ?With the Federal Reserve?s announcement that they will back mortgage-related bonds …
Mortgage applications climb 2.9 percent – WIS-TV
WASHINGTON (AP) – Borrowers taking advantage of lower rates to refinance home loans sent mortgage application volume higher last week. The Mortgage Bankers Association says its application index rose 2.9 percent – to 841.4 from a revised 817.7 a week …
Fed rate cut brings rush to refinance – Courier-Post
Tony Jabon had an e-mail in to his mortgage broker by 10 a.m. The 35-year-old environmental consultant in Charlotte, N.C., had heard about the Federal Reserve’s decision to cut its key interest rate to nearly zero and wanted to refinance to something …
Mortgage applications surge after Fed rate cut – Gainesville Sun
Tony Jabon had an e-mail in to his mortgage broker by 10 a.m. The 35-year-old environmental consultant in Charlotte, N.C., had heard about the Federal Reserve’s decision to cut its key interest rate to nearly zero and wanted to refinance to something …
Homeowners lock in low mortgage rates – Cincinnati.com
The 35-year-old environmental consultant in Charlotte, N.C., had heard about the Federal Reserve’s decision to cut its key interest rate to nearly zero and wanted to refinance to something lower than 5.5 percent. Within hours, he had locked in a rate …
Mortgage rate drop drives refinancing; home sales may wait – Boston Globe
Tony Jabon had an e-mail in to his mortgage broker by 10 a.m. The 35-year-old environmental consultant in Charlotte, N.C., had heard about the Federal Reserve’s decision to cut its key interest rate to nearly zero and wanted to refinance to something …
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