Latest News in Refinancing Home Mortgages – March 26, 2009

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Refinancing Boosts Mortgage Applications – Tampa Bay Online
WASHINGTON – Mortgage applications surged last week, coming mostly from borrowers looking to refinance at sharply lower rates after the Federal Reserve unveiled plans to buy Treasury bonds and mortgage-backed securities. The Mortgage Bankers …

Mortgage applications surge in week – Boston Globe
WASHINGTON – Mortgage applications surged last week, coming mostly from borrowers looking to refinance at sharply lower rates after the Federal Reserve unveiled plans to buy Treasury bonds and mortgage-backed securities. The Mortgage Bankers …

Mortgage Bankers Association revises originations estimate – Milwaukee Busine…
Freddie Mac portfolio reaches record $822B Mortgage originations revised to $2.78T MBA increases estimate for 2009 mortgage activity Mortgage Bankers Association revises originations estimate The Mortgage Bankers Association has raised its 2009 …

Freddie Mac – Chicago Tribune
A month after the Treasury Department rolled out its mortgage plan to help struggling homeowners, none of the $75 billion has reached many mortgage holders, and local lenders are still waiting for more information about how the program will work….

U.S. mortgage applications jump; rates at record low – Boston Globe
NEW YORK (Reuters) – U.S. mortgage applications jumped last week as record low interest rates spurred a surge in demand for home refinancing loans, data from an industry group showed on Wednesday. The Mortgage Bankers Association said its seasonally …

Low interest rates fuel mortgage-refinance applications – Los Angeles Daily News
Mortgage applications surged last week, mostly from borrowers looking to refinance at sharply lower rates after the Federal Reserve disclosed plans to buy Treasury bonds and mortgage-backed securities. The Mortgage Bankers Association said Wednesday …

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 applications up as refinancing increases – News-Courier
WASHINGTON (AP) ? A trade industry survey shows mortgage applications jumped last week, as low interest rates fueled refinancing activity. The Mortgage Bankers Association reports its weekly application index released Wednesday climbed 21.2 percent …

Meltdown 101: The Fed’s $1T consumer loan plan – Associated Press
WASHINGTON (AP) — This week, a $1 trillion government program to try to bust through credit clogs and get money flowing freely to shoppers, students, car buyers and mom-and-pop businesses kicked off. If the program succeeds, loans to consumers and …

MORTGAGE ACTIVITY HEATS UP – Herald Tribune
Mortgage applications soared last week by 32 percent after the Federal Reserve said it would buy billions of dollars in Treasury bonds and mortgage-backed securities, but Southwest Florida brokers and others said borrowers — like home buyers …

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