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The MBA's seasonally adjusted index of refinancing applications climbed 9.3 percent, while the gauge of loan requests for home purchases tumbled 8.2 percent. The refinance share of total mortgage activity rose to 79.7 percent of applications ...

Mortgage refinance demand jumped last week: MBA

We thought that she could refinance her loan under the Making Home Affordable ... in your daughter's future so she can afford to stay in her home. She should talk to a good mortgage lender or mortgage broker to evaluate her options.

Options for refinancing a high-rate interest-only mortgage

[Click here to check home loan rates in your area.] Mortgage applications rose nearly 13 percent ... most homeowners who can afford to refinance already have. Some lenders say they are seeing an increase in applications through the Obama ...

Fixed mortgage rates hover near lows for 6th week

And many homeowners who have the necessary credit and home equity to refinance already have ... to 1 million more homeowners lower their mortgage payments. But the MBA said such government-assisted loans account for just a small portion of ...

Average 30-year loan rate ties record: 3.94 pct.

[Click here to check home loan rates in your area.] Low mortgage rates haven't translated into higher ... And most homeowners who can afford to refinance already have. The low rates have caused a modest boom in refinancing, but that benefit ...

Rate on 30-year fixed mortgage hovers at 4 pct.

The cost is being dropped in the laps of most people who buy homes or refinance beginning ... who buys a $200,000 home or refinances that amount starting Jan. 1 would have to pay roughly $17 more a month for their mortgage, thanks to a fee ...

New home loans will help fund tax cut

Home Affordable Refinance Program. Through September ... borrower's unpaid principal before that loan can be refinanced into an FHA loan at a lower interest rate. But mortgage owners have been reluctant to forgive principal, fearing that ...

Finding fault with mortgage aid

... what I believe was a predatory loan – a negatively amortizing mortgage for 100 percent of the purchase price of our home. The loan broker assured us we could refinance the following year to a more traditional mortgage. We paid the minimum ...

Money Talk: Consider filing for bankruptcy if sued

I’d like to refinance my home mortgage for the existing amount of the loan. I currently have a 15-year loan and would like to refinance at 10 or 15 years. The balance on my current loan is roughly $120,000 but the original amount was $400,000 ...

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