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With Rates This Low... - Wall Street JournalThe Treasury Department is considering a plan to push down 30-year fixed-rate rates for home purchases to as low as 4.5%, in the hopes that it will stimulate sales, stop the freefall of prices, and allow homeowners to afford bigger loans. But the ...
Is Now The Time To Refinance? - KTULTulsa - Mortgage rates are falling. So, you may be wondering if now is a good time to refinance. With mortgage rates again in the 5 to 6 percent range, it's sure tempting. But, not everyone can or should "re-fi". Before you rush to refinance to get ...
Four Things to Know Before You Refinance Your Mortgage - CNBCThe Federal Reserve's decision to buy up mortgaged-backed securities caused mortgage rates to fall and created new opportunities. Should you refinance your mortgage now? Before you rush to refi, take a few minutes to determine if it's the right move ...
Mortgage rate drop spurs rush to lenders for refinancing - Detroit Free PressA sharp plunge in U.S. mortgage rates prompted a rush to refinance, resulting in record-setting business Tuesday at Livonia-based Quicken Loans and big days for other lenders. Following government efforts to unfreeze consumer credit, U.S. mortgage ...
Interest rate drop opens door to refinancing - Austin American-StatesmanThe recent sharp drop in mortgage interest rates is creating a window for homeowners nationwide to refinance and providing an incentive to people who have been holding back on buying a house. In the past week, mortgage rates for 30-year fixed loans ...
New Fed program spurs interest - Orlando Business JournalSteve Moreira, founder of Magic Financial Services, advises interested homeowners to start the refinancing process now, as it likely will take longer than usual. Central Florida lenders were barraged with calls last week from homeowners seeking ...
More report losing homes to 'credit repair' deals - HamptonRoads.comSeven more Hampton Roads residents have contacted The Virginian-Pilot since last weekend's report on a suspected area wide mortgage fraud operation, alleging that they, too, have been victimized. Most of them have already lost their homes, and for ...
Fed Aid Sets Off a Rush to Refinance - Wall Street JournalThe Federal Reserve's attempt to stabilize the housing market set off a chain reaction across the U.S. on Tuesday, dropping interest rates and quickly spurring a burst of refinancing activity by borrowers eager to lower their mortgage costs. Some ...
Facing tough times - Northwest HeraldToday’s world is filled with opening up the newspaper and seeing all of the foreclosure listings. I used to wonder how people could let themselves fall behind on their house payments. Unfortunately now I’m walking in this situation. I worked two ...
Kristi O'Harran - Everett HeraldOne family’s mortgage crisis August 1998: The Bergers buy a two-story house for about $153,000 in Marysville after renting for about a year. They get a 30-year Veterans Affairs mortgage with a 7 percent fixed rate through Countrywide Financial ...
Today's Mortgage Terms starting with W
Walk Through: A final inspection of a home to look for problems that may need to be addressed before closing.
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