Latest News in Refinancing Home Mortgages – Jan 08, 2009

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Paulson calls for replacing Fannie/Freddie – Birmingham Business Journal
Outgoing U.S. Treasury Secretary Henry Paulson reflected on the downfall and future of embattled mortgage giants Fannie Mae and Freddie Mac in a speech before the Economic Club of Washington on Wednesday. He argued that there was widespread …

Mortgage rates hit record low again – Contra Costa Times
WASHINGTON ? Rates on 30-year mortgages fell to a record level for a fourth straight week, dropping to the lowest mark since Freddie Mac started tracking the data nearly 28 years ago. Rates have been falling since late November, when the Federal …

Mortgage rates approach record low – ScrippsNews
Mortgage rates continue to plunge toward record territory. The benchmark 30-year fixed-rate mortgage fell 31 basis points, to 5.33 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage …

Mortgage rates fall to third straight record low – Associated Press
WASHINGTON (AP) — Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring. With the Federal Reserve on the verge of pouring hundreds of billions of …

News & Media Photos Videos Google Web Search VindyWheels VindyJobs … – Vin…
The average rate for a 30-year mortgage is 5.01 percent. WASHINGTON (AP) ? Rates on 30-year mortgages fell to a record level for a fourth straight week, dropping to the lowest mark since Freddie Mac started tracking the data nearly 28 years ago …

Rate on 30-year fixed-rate mortgage hits new low – Marketwatch
CHICAGO (MarketWatch) — Long-term mortgage rates dropped again this week, with the 30-year fixed-rate mortgage hitting a fourth consecutive record low in the history of Freddie Mac’s weekly survey. The 30-year mortgage averaged 5.01% for the week …

Low Mortgage Rates Have Many Refinancing – WMTW
PORTER, Maine — In this tough economy, News 8 is committed to help people save, stretch and protect their money. Mortgage rates continue to hover around 5 percent, the lowest in decades. But is this the right time to refinance? Due to the low rates …

Like Many, Local Resident Waits For Her Mortgage Bailout – Greensburg Daily News
Photos Rita Linville calms her grandson, Michael, in the home she has lived in for 10 years. Unfortunately, a sudden increase in her mortgage payment has put her at risk of losing the house and all the comfort a grandmother should enjoy. …

MORTGAGES: Tenth Straight Decline Sends 30-Year Mortgage To New Low – CNN Money
CHICAGO (Dow Jones) — Long-term mortgage rates dropped again this week, with the 30-year fixed-rate mortgage hitting a fourth consecutive record low in the history of Freddie Mac’s weekly survey. The 30-year mortgage averaged 5.01% for the week …

Citigroup reaches agreement with key senators on mortgage bankruptcy … – M…
So, I didn’t refinance to buy a boat, new car, cabin or other things and I didn’t buy a home with zero down that I couldn’t afford. So my ? read more reward is to help bailout those others who did just that. Stupid me huh? Is it too late to …

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