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News about Mortgages:
Low rates get loans moving again - Long Island Business NewsThe storm clouds that have hovered over the mortgage industry for almost two years are starting to roll away, now that interest rates are at 30-year lows. Local mortgage brokers, bankers and lenders saw a surge in applications in December for both ...
Refinancing suddenly booms - Honolulu AdvertiserHistorically low interest rates recently have sparked a mortgage refinance boom in Hawai'i that is helping homeowners and lenders during difficult economic times. The national average interest on a 30-year fixed-rate mortgage last week dropped to 5 ...
Citigroup reaches agreement with key senators on mortgage bankruptcy ... - Minneapolis Star TribuneSo, I didn't refinance to buy a boat, new car, cabin or other things and I didn't buy a home with zero down that I couldn't afford. So my … read more reward is to help bailout those others who did just that. Stupid me huh? Is it too late to ...
Commercial real estate plagued by empty storefronts - Inside Bay AreaNEW YORK — The balance of power between landlords and tenants will shift dramatically in 2009. For landlords, this promises to be a year of intense competition, more bankrupt tenants, and tightfisted lenders. For renters, it looks like a time of ...
Debt trouble at Lee triggers auditor’s warning - PantagraphNEW YORK -- Lee Enterprises Inc. said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue. The company also disclosed that its outside auditor is questioning Lee’s ability ...
Commercial real estate faces tough year as vacancies rise - Buffalo NewsNEW YORK — The balance of power between landlords and tenants will shift dramatically in 2009. For landlords, this promises to be a year of intense competition, more bankrupt tenants, and tightfisted lenders. For renters, it looks like a time of ...
Borrowers seeking to refinance may face challenges - Frederick News-PostWith mortgage rates dropping to the lowest point in 37 years, homeowners are heading to lenders to refinance their loans. Jeri Benner of Mason Dixon Funding said her firm did 400 mortgages in December; about three-fourths of those were refinancing ...
The rush to refinance - Boston GlobeThe mortgage interest rates have gone down again. Does that mean that refinancing is the best thing you can do? It’s a dirty little secret that most of the homeowners who are under water got there through refinancing, not by borrowing for their ...
Debt trouble at Lee triggers auditor's warning - Kansas City StarLee Enterprises Inc., publisher of the St. Louis Post-Dispatch and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue. The company also disclosed ...
Govt to focus on IIFCL refinance - Central ChronicleNew Delhi, Jan 5: The government will focus on utilisation of refinance facility extended to IIFCL to provide Rs 75,000 crore for the infrastructure sector projects with a view to arrest economic slowdown, Planning Commission Deputy Chairman Montek ...
Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
View all Terms