Mortgage applications up as refinancing jumps – Reuters NEW YORK (Reuters) – U.S. mortgage applications rose in the last week of January, reflecting strong demand for home refinancing loans even as interest rates rose to their highest levels since early December, industry data showed on Wednesday. Home … Is now the time to refinance? – [...]
Latest News in Mortgages and Home Loans- Feb 03, 2009
February 3, 2009 By Leave a Comment
Is Your Mortgage Statement Correct? Right now, mortgages are in the news. A lot. From concerns that prime borrowers are the next wave of foreclosures (thanks to the fact that job loss is likely to result in a wave responsible people suddenly unable to make their payments) to the almost weekly drops in mortgage interest [...]
Latest News in Refinancing Home Mortgages – Jan 29, 2009
January 29, 2009 By Leave a Comment
House of cards – Toronto Sun VANCOUVER — Record low interest rates are spurring more Canadians to refinance mortgages to consolidate debt, a trend that is expected to grow as Ottawa moves to encourage spending on housing. While refinancing your mortgage at a lower interest rate … Mortgage Rates Up, Refinancing Applications Down – US [...]
Latest News in Mortgages and Home Loans- Jan 27, 2009
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Latest News in Mortgages and Home Loans – Jan 20, 2009
January 20, 2009 By Leave a Comment
FDIC Asks Banks to Report on How They Spent TARP Funds One of the biggest scandals of the economic bailout bill passed last fall has to with how the $350 billion set aside for banks through TARP funds was spent. The money was meant to be spent in helping Americans avoid foreclosure. It was supposed [...]
Latest News in Mortgages and Home Loans- Jan 13, 2009
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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 – [...]
Comparison Shopping When Re-Financing
January 6, 2009 By Leave a Comment
Comparison Shopping When Re-Financing When it comes to money nobody wants to pay more than they should for anything. This certainly is true when refinancing an existing mortgage loan. Householders who are re-financing their house for the first or even the second or third time should thoroughly search all of the available alternatives to ensure [...]
Latest News in Mortgages and Home Loans- Jan 06, 2009
January 6, 2009 By Leave a Comment
Mortgage Rates May Be Low, But That Doesn?t Mean You?ll Be Approved Right now, the big news is that mortgage rates are at their lowest in years. It is no surprise, then, that mortgage applications are way up — especially in terms of refinancing. (One of my goals for the New Year is to refinance [...]
Latest News in Refinancing Home Mortgages – Dec 25, 2008
December 25, 2008 By Leave a Comment
Mortgage rates drop to lowest in 37 years – Economic Times NEW YORK : Interest rates on US 30-year fixed-rate mortgages dropped to their lowest level in 37 years this week, largely due to an unprecedented intervention by the Federal Reserve, according to a survey released on Wednesday by home funding company … Mortgage refinancing [...]
