Latest News in Refinancing Home Mortgages – Nov 13, 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.Mortgage Applications Rise as Interest Rates Drop – CNBC
The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended Nov. 7 increased 11.9 percent to 425.0, up from the previous week when the reading …
US mortgage applications rise as interest rates drop-MBA – Reuters
NEW YORK, Nov 13 (Reuters) – U.S. mortgage applications rose last week, recovering from an almost 8-year low, as potential borrowers took advantage of a sharp drop in interest rates, an industry group said on Thursday. The Mortgage Bankers …
RPT-US mortgage applications rise as interest rates drop-MBA – Forbes
NEW YORK, Nov 13 (Reuters) – U.S. mortgage applications rose last week, recovering from an almost 8-year low, as potential borrowers took advantage of a sharp drop in interest rates, an industry group said on Thursday. The Mortgage Bankers …
Borse Dubai May Refinance $4.2 Billion of Loans at Higher Costs – Bloomberg
Nov. 12 (Bloomberg) — Borse Dubai Ltd., the Gulf emirate’s state-owned operator of exchanges, is in talks to refinance $4.2 billion of loans at interest rates tied to the price of credit- default swaps, raising the cost of the debt, said three …
Mortgage Video Gallery – CNBC
Fannie Mae and Freddie Mac set to unveils new plans to help homeowners avoid foreclosures, with Michael Menatian, Sanbor… Perpetual Reopens Mortgage … Perpetual said Monday it has reopened applications to its mortgage funds. Peter Morgan, client …
Ahead of the Bell: Mortgage hearing – Boston Globe
WASHINGTON? As the mortgage crisis deepens and the government joins with the lending industry in a new effort targeting struggling homeowners, Congress is examining the roles played by investors, lenders and loan servicers in the process …
Congress examines $700 billion rescue program – WTOP Radio
WASHINGTON (AP) – While the Bush administration shifts course on its $700 billion rescue plan, Congress is examining whether even bigger changes should be made in the program in light of the deteriorating economy and soaring mortgage foreclosures …
Dems seek auto aid as treasury shifts rescue focus – Seattle Post Intelligencer
WASHINGTON — Urgently shifting course, the Bush administration is abandoning the centerpiece of its massive $700 billion economic rescue plan and exploring new ways to shore up not only banks but credit-card, auto-loan and other huge nonbank …
Minorities in loan crush: Hopeful home owners hit hard by credit … – New Y…
Bronx homeowners and homebuyers are having more trouble obtaining credit than their counterparts in any other borough, with black and Hispanic buyers suffering the worst, according to a new report. The Bronx saw the largest drop in the number of home …
White House scales back a mortgage relief plan – International Herald Tribune
WASHINGTON : The Bush administration is backing away from proposals to have the government refinance a broad swath of homeowners who face foreclosure after taking out subprime mortgages and other high-risk loans over the last few years. The clearest …
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