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30-year mortgage rate holds at record low Rates on 30-year fixed mortgages remained at an all-time record low for the second week in a row. money.cnn.com
Mortgage rates trigger surge in buying, refinancing Some sectors of the economy may still be sluggish, but the housing market in Lawrence County isn’t one of them. Mortgage loans, both for refinancing and home purchases, are up significantly in the last several months in the county, according to local banks and real estate agents. www.ncnewsonline.com
Refinance When You Have a Second Mortgage It's not easy to refinance your mortgage when you have equity debt. Here are the options. www.foxbusiness.com
What the $25 billion mortgage settlement means to you Mortgage relief will go to homeowners who owe more than their homes are worth and are current on payments, as well others who are similarly underwater but not current on their payments. Cash will go to former owners who lost their homes in foreclosures. The question no one seemed able to resolve: Who qualifies for a slice of the pie? www.kansascity.com
Westpac, ANZ break ranks and hike rates Westpac has followed ANZ's lead in increasing its standard variable interest rates after the Reserve Bank's decision on Tuesday to leave rates on hold.Earlier on Friday, ANZ lifted its variable home loan ... au.finance.yahoo.com
BofA Faulted by U.S. Senator Boxer for Refinancing Delays Bank of America Corp., the second- largest U.S. lender, was faulted by Senator Barbara Boxer for making borrowers wait as long as 90 days to apply for mortgage refinancing and was urged to speed up the process. www.businessweek.com
Senator Boxer Faults BofA for Mortgage-Refinancing Delays of Up to 90 Days Bank of America Corp. (BAC) , the second- largest U.S. lender, was faulted by U.S. Senator Barbara Boxer for making borrowers wait as long as 90 days to apply for mortgage refinancing and was urged to speed up the process. www.bloomberg.com
Lower Mortgage Rates On the Way? Fed officials will probably buy mortgage bonds, driving down rates, should the economy warrant more easing, economists say www.businessweek.com
Credit Card Rates Rise for Rewards Cards Check out the latest average consumer credit card rates. www.foxbusiness.com
Canada Bubble Seen as IMF Risk With Record Low Rates: Mortgages Kevin Lau, a Toronto-based technology consultant, says he can’t wait to take advantage of the lowest mortgage rates in Canadian history to buy a second condominium and rent his current home. www.businessweek.com
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