Mortgage applications decline as refinancing eases – Philadelphia Inquirer WASHINGTON – Mortgage applications fell last week, as refinancing activity slowed. The Mortgage Bankers Association said Wednesday its weekly application index fell 15.1 percent for the week ended Feb. 20. The index came in at 743.5, down from 875.3 … Mortgage applications drop 15.1% – Boston [...]
Online Re-Financing
February 24, 2009 By Leave a Comment
Online Re-Financing Refinancing refers to the replacement of an existing debt obligation with a debt obligation bearing different terms. The most common consumer refinancing is for a home mortgage. The Internet has greatly simplified the process of re-financing a loan. Years ago householders had to go to a loaner during regular business hours for lengthy [...]
Latest News in Mortgages and Home Loans- Feb 24, 2009
February 24, 2009 By Leave a Comment
Would the U.S. Government Actually Nationalize Citi? Image via Wikipedia The more we find out about the state of our financial and banking system, the darker things look. And what we’ve been finding out about banking giants and major mortgage lenders has been that they are nowhere near as solvent as we have been thinking. [...]
Latest News in Refinancing Home Mortgages – Feb 19, 2009
February 19, 2009 By Leave a Comment
How Barack Obama’s housing plan might help you – Hartford Courant A Strapped borrowers who have existing conforming loans can apply for a refinance through their existing lender. If they meet the program requirements, including that they occupy the home and can document their income, their lender may be able to … Mortgage applications climb [...]
Learning about Re-Financing Online
February 17, 2009 By Leave a Comment
Learning about Re-Financing Online To get started with the process of refinancing home loans, you need to learn what refinancing is all about and what the purpose is. Basically, refinancing is paying off an existing loan and replacing it with a new one. The most basic reason for doing this is to obtain a lower [...]
Latest News in Mortgages and Home Loans- Feb 17, 2009
February 17, 2009 By Leave a Comment
Will Banks Get Another Infustion of Capital? After the Obama Administration announced the development of a “stress test” for U.S. banks, regulators began visiting the banks and trying to determine how bad things are. After all, there is some speculation that banks have been hiding the true extent of their problems. Now there are thoughts [...]
Latest News in Refinancing Home Mortgages – Feb 12, 2009
February 12, 2009 By Leave a Comment
When NOT to refinance your home – ABC2 News The chance to refinance a mortgage at a lower interest rate is sure to get a homeowner’s attention. But it’s not always the right decision. Having bragging rights at the neighborhood picnic isn’t a reason to refinance. Instead, it’s good to put some … See today’s [...]
Is Re-Financing Worth the Hassle?
February 10, 2009 By Leave a Comment
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? – [...]
Is Re-Financing Always Worthwhile?
February 3, 2009 By Leave a Comment
Is Re-Financing Always Worthwhile? Refinancing is always an option, but it does not always make good financial sense for everyone. This is a very significant question which all householders should ask themselves both at the beginning and towards the end of the process of re-financing. The answer to this question may spur the householder to [...]
