Mortgage applications on rise – Arlington Heights Daily Herald Mortgage applications in the U.S. rose last week as lower borrowing costs encouraged more homeowners to refinance loans. The Mortgage Bankers Association?s index of applications to purchase a home or refinance a loan increased 5.3 percent to 1,172 … Home prices gain 0.7% in Feb. – [...]
Latest News in Refinancing Home Mortgages – March 19, 2009
March 19, 2009 By Leave a Comment
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 [...]
How to Execute an Equity Improvement
February 6, 2009 By Leave a Comment
How to Execute an Equity Improvement Equity improvement loans function much like other loans, though they are secured against the equity that you’ve built up in your home or real estate. The lender will want to see an estimate of the home improvements you have planned, as well as a list of the expected costs. [...]
Latest News in Refinancing Home Mortgages – Jan 22, 2009
January 22, 2009 By Leave a Comment
Falling interest rates spark increase in mortgage applications – Tampa Bay Bu… Michael Kelleher, loan officer for Residential Finance, takes a client call. Home refinancings are proving to be a bright spot in a tough banking market. With interest rates at near-record lows, mortgage applications have been increasing in numbers … Mortgage applications drop as [...]
Latest News in Refinancing Home Mortgages – Dec 11, 2008
December 11, 2008 By Leave a Comment
Mortgage rates foreseen under 4% – Baltimore Sun WASHINGTON Government efforts to provide easier credit to consumers and to help housing finance companies could push mortgage rates “well below 4 percent,” a federal regulator said yesterday. James Lockhart, whose agency oversees government … Bernanke Urges Home Loan Help – Washington Post The government needs to [...]
Latest News in Refinancing Home Mortgages – Nov 27, 2008
November 27, 2008 By Leave a Comment
Federal Reserve uses power to print money – Akron Beacon Journal WASHINGTON: The Bush administration had to strive mightily to win congressional approval of a $700 billion rescue package for the financial system. Now, with no muss and no fuss, the Federal Reserve has announced a program totaling $800 billion. What … Mortgage Lenders Report [...]
Latest News in Refinancing Home Mortgages – Sep 4, 2008
September 4, 2008 By Leave a Comment
Islamic Bond Decree Cripples Sukuk, Imperils Projects (Update2) – Bloomberg Sept. 3 (Bloomberg) — The fastest-growing part of the global bond market is faltering, and it has nothing to do with subprime mortgages or the credit crunch. Sales of Shariah-compliant debt, which financed Dubai’s Palm development, the world’s … Rights groups faults Wachovia’s mortgage aid [...]
