Latest News in Refinancing Home Mortgages – March 19, 2009

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Sacramento homebuyers rush to refinance at lower rates – Sacramento Bee
Lower borrowing costs triggered a new spike in U.S. mortgage applications last week as borrowers ? including thousands in California and the Sacramento region ? rushed to refinance home loans. Sacramento loan consultant Dennis Graves said most …

Mortgage rates likely to fall today – Arizona Daily Star
WASHINGTON ? If you’ve got a good job, solid credit and your home’s value hasn’t fallen dramatically, you’re likely to benefit from the Federal Reserve’s extraordinary action Wednesday to help drive mortgage rates to historic lows and revive the U …

Mortgage rates likely to fall – Everett Herald
WASHINGTON — If you’ve got a good job, solid credit and your home’s value hasn’t fallen dramatically, you’re likely to benefit from the Federal Reserve’s extraordinary action Wednesday to help drive mortgage rates to historic lows and revive the U.S …

Bottlenecks remain in mortgage stream – Denver Post
The Federal Reserve’s move to increase its purchases of mortgage- backed securities is expected to drive rates below 5 percent, but consumers wanting to refinance may have a tough time taking advantage of it, according to local mortgage lenders. One …

Lower Mortgage Rates Coming Soon? – ABC2 News
After 5 years of homeownership, Jennifer Levy and her husband are planning to refinance their Parkville home. ?The money we could save on a refinance if we put that money toward our car payment we can pay off our car in 8 months instead of 3 years …

Fed move could send mortgage interest rates well below 5 percent – San Jose M…
The Federal Reserve threw more than a trillion dollars at the gridlocked credit and housing markets Wednesday, sending a key interest rate down by a historic amount. Mortgage rates, already low, were expected to drop well below 5 percent in response …

Mortgage rates expected to slide with Fed’s new moves – Los Angeles Times Blogs
Home loan rates should fall further with the Federal Reserve’s latest moves to pull down long-term interest rates — offering new hope to home buyers and to homeowners looking to refinance. But how much lower loan rates might drop is a matter of …

Mortgage applications up, refinancing increases – AZCentral.com
WASHINGTON – Mortgage applications jumped last week, as low interest rates fueled refinancing activity. The Mortgage Bankers Association said Wednesday its weekly application index climbed 21.2 percent for the week ended March 13. The index came in …

Crocs Steps onto Going-concern Turf – CFO.com
The stream of companies getting going-concern qualifications from their auditor is widening as the downturn deepens ? and as accounting firms get more cautious. Stepping out in the latest round of warnings about what their auditors might say about …

Mortgage rates likely to sink on Fed actions – Arlington Heights Daily Herald
WASHINGTON — If you’ve got a good job, solid credit and your home’s value hasn’t fallen dramatically, you’re likely to benefit from the Federal Reserve’s extraordinary action Wednesday to help drive mortgage rates to historic lows and revive the U.S …

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