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 – 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 [...]
Latest News in Refinancing Home Mortgages – Dec 18, 2008
December 18, 2008 By Leave a Comment
Calls to refinance surge – Canton Repository Mortgage brokers reported a surge of calls from borrowers seeking to take advantage of the Fed?s extraordinary decision Tuesday to lower their prime lending rates from 4 percent to 3.25 percent. Some brokers were quoting mortgage rates of close to … Borrowers rushing to refinance loans as rates [...]
Latest News in Refinancing Home Mortgages – Nov 13, 2008
November 13, 2008 By Leave a Comment
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 [...]
Home Mortgage Refinance Loan 101
April 10, 2008 By Leave a Comment
Using Bad Credit Mortgage Refinance Loans the Right Way
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Latest News in Mortgages Home Loans – Jan 16, 2008
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Wells Fargo’s Q4 profit falls 38 percent amid mortgage turmoil MSN MoneyCentral – The results were not unexpected since Wells said in November that it was taking a $1.4 billion charge against earnings to cope with troubled home equity loans that were primarily generated by outside mortgage brokers. Wells wrote off $595 million in … [...]
