Latest News in Refinancing Home Mortgages – Feb 26, 2009

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Mortgage applications decline as refinancing eases – Philadelphia Inquirer
WASHINGTON – Mortgage applications fell last week, as refinancing activity slowed. The Mortgage Bankers Association said Wednesday its weekly application index fell 15.1 percent for the week ended Feb. 20. The index came in at 743.5, down from 875.3 …

Mortgage applications drop 15.1% – Boston Globe
WASHINGTON – Mortgage applications in the United States fell last week as higher borrowing costs tempered refinancing. The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan decreased 15.1 percent to 743.5 in …

Mortgage Applications Fall, Led by Refinancing – CNBC
U.S. mortgage applications fell last week, reflecting a sharp drop in demand for refinancing as mortgage rates ticked higher, an industry group said on Wednesday. The decline followed recent robust gains and came amid the unveiling of the strongest …

FACT CHECK: A hollow assurance from Obama about mortgage aid, and did … – …
WASHINGTON (AP) ? President Barack Obama knows Americans are unhappy that their taxes will be used to rescue people who bought mansions beyond their means. But his assurance Tuesday night that only the deserving will get help rang hollow. Even …

Loan Solutions Now Has Multiple Locations in South Florida – Businesswire.com
WEST PALM BEACH, Fla.–( BUSINESS WIRE )–Loan Solutions, Florida?s Premier Mortgage HelpCenter, now has locations throughout South Florida to help serve homeowners in need. The company has convenient locations in Dade, Broward, Palm Beach and the …

AP Fact Check: The Obama speech – Union Leader
Editor’s note: An occasional look at assertions by government officials and how well they adhere to the facts. President Barack Obama knows Americans are unhappy that their taxes will be used to rescue people who bought mansions beyond their means …

Mortgage applications climb in new survey – Baltimore Sun
WASHINGTON Mortgage applications jumped last week as fixed mortgage rates fell below 5 percent and encouraged homeowners to refinance their loans. The Mortgage Bankers Association said yesterday that its weekly application index rose 45.7 percent for …

$75 billion plan aimed at mortgage relief – Seattle Post Intelligencer
Seeking to stabilize the foundering housing market, President Barack Obama on Wednesday laid out a plan to help as many as 9 million families refinance their mortgages or avoid foreclosure. The proposal, which is more ambitious than expected, would …

Analysis: Obama glosses over complexities – Carroll County Online
WASHINGTON ? President Barack Obama?s assurance Tuesday that his mortgage-relief plan will only benefit deserving homeowners appears to be a stretch. Even officials in his administration, many supporters of the plan in Congress and the Federal …

Obama Sets $75 Billion Mortgage Rescue Plan – BusinessWeek
President Barack Obama on Feb. 18 announced a plan to stabilize the faltering housing market by allowing up to 9 million families to refinance or restructure at-risk mortgages through a $75 billion “homeowner stability initiative” and other …

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