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US Mortgage Applications Jump On Refinancing Demand: MBA Applications for U.S. home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday. www.cnbc.com
Mortgage applications jump on refi demand: MBA Applications for home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally ... finance.yahoo.com
Is a cash-out home refinancing right for you? Dear Dr. Don,I have a question of whether to refinance. We have been in our home for 21 years and are not close to retirement. Our ages are 49 and 51, and we have a first and second mortgage. The first ... finance.yahoo.com
White House Details Home Refinancing Plan The White House on Wednesday began to provide details of President Barack Obama's State of the Union pledge to craft a plan to give homeowners a chance to refinance at historically low interest rates. www.foxbusiness.com
Obama proposes home loan refinancing plan President Barack Obama proposed a plan aimed at helping millions of homeowners refinance their mortgages to today's historically-low rates. To pay for it though, he'll need $5 billion to $10 billion. The plan would allow borrowers who are current on their mortgage to save thousands of dollars by refinancing into loans backed by the Federal Housing Administration, according to the U.S. Department ... www.ksat.com
Obama proposes new home loan refinancing plan The Obama administration on Wednesday detailed its latest plan to help millions of homeowners refinance their mortgages to today's historically-low rates. The plan, which requires approval by Congress, would allow borrowers who are current on their mortgage to save an average of $3,000 a year by refinancing into loans backed by the Federal Housing Administration, according to the U.S. Department ... www.ksat.com
Risks when refinancing your home If you are a homeowner who was lucky enough to buy when mortgage rates were low, you may have no interest in refinancing your present loan. However, if you bought your home when rates were higher, or perhaps you have an adjustable rate loan and would like to refinance, be cautious. www.thedowneypatriot.com
Obama Said to Plan Assistance for Home Mortgage Refinancing President Barack Obama will announce a package of proposals to jolt the housing market out of its doldrums, including an effort to help more borrowers take advantage of historically low mortgage interest rates, an administration official said today. www.businessweek.com
Obama proposes home refinancing assistance program The plan, which was first mentioned by the president during the State of the Union address, will cost an estimated $5 billion to $10 billion. According to CNN, the president doesn’t plan to add to the deficit, but impose a fee on large banks. read more www.globalpost.com
Bernanke's speech to home builders WASHINGTON (Reuters) - Below is the text of Federal Reserve Chairman Ben Bernanke's speech to the 2012 National Association of Home builders International Builders' Show, Orlando, Florida: Housing Markets in Transition The economic recovery began more than two years ago, but it doesn't feel like much of a recovery for many Americans--certainly for those of you who depend on the housing sector ... news.yahoo.com
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