Is Re-Financing Worth the Hassle? There are a few reasons for one considering refinancing a mortgage. Some people think that it is the best way to consolidate debt and some find mortgage refinance as a way to liquidate equity by applying for Cash-Out-Refinance. Refinancing, especially with bad credit may not be solution for your situation [...]
Latest News in Refinancing Home Mortgages – Feb 05, 2009
February 5, 2009 By Leave a Comment
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 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
January 27, 2009 By Leave a Comment
Is It Time to Re-Finance?
January 27, 2009 By Leave a Comment
Is It Time to Re-Finance? There are times when it makes sense to refinance your mortgage. It’s important to have a clear financial objective in mind so that you’re more able to choose the most appropriate loan. Ultimately, the decision is up to you to decide when it’s best for you to refinance, based on [...]
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 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 Refinancing Home Mortgages – Jan 15, 2009
January 15, 2009 By Leave a Comment
Benchmark US mortgage rates hit record low – Financial Times The average rate for benchmark US mortgages fell to a record low level last week, according to the Mortgage Bankers Association. The 30-year fixed home loan rate averaged 4.89 per cent, below the previous all-time low of 4.99 per cent set in June … Mortgage [...]
Latest News in Mortgages and Home Loans- Jan 13, 2009
January 13, 2009 By Leave a Comment
Latest News in Refinancing Home Mortgages – Jan 08, 2009
January 8, 2009 By Leave a Comment
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 – [...]
