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refinance home mortgage rateSan Francisco Gate - Before today, however, FHA could not insure single-family home mortgage loans in the ... The interest rate on loans backed by Fannie, Freddie and FHA is typically ... also will let more people who are struggling with their existing mortgage refinance into ... Read more
FHA boosts home mortgage limitsBloomberg - Auction-Rate Bond Failures Approach 70%, Show No Sign of Easing ... their own securities to prevent failures and lower rates until they could refinance ... The market has collapsed because of subprime mortgage- linked losses investment ... Read more
Auction-Rate Bond Failures Approach 70%, Show No Sign of EasingChicago Tribune - Homeowners took advantage of low interest rates and rising property values to refinance their mortgages into a lower rate and many times rewarded themselves with extra cash, taking on a larger mortgage or opting for a home-quity loan or line of credit Read more
A new leafCNBC - Refinance applications accounted for 52.4 percent of all mortgage applications during the week ending ... volume posted slight gains as fixed-rate mortgage ... The average rate for 15-year fixed-rate mortgages, often an option used for refinancing a home ... Read more
Mortgage application volume posts slight gain as fixed-rate mortgage ... Wall Street Journal - When interest rates dropped last month, he decided to refinance. But National City, which holds his home-equity loan, declined to approve the deal. Mr. Betterton had "superb" credit and the new mortgage would cut his mortgage rate by more than a ... Read more
Some Borrowers Hit New Snag In RefinancingDetroit News - Many of those home losses came when adjustable-rate mortgage reset and homeowners were unable to meet the higher payments, and couldn't refinance because their homes were worth less than the mortgage amount owed. Read more
Mortgage crisis deepens: Rates on 1.5M home loans will reset this yearNPR News - Florida's housing market remains in a slump, with home values in two major ... about three-quarters of the adjustments make no change in the interest rate ... The government would then refinance the mortgage at a lower level, making it more affordable ... Read more
Divisions Persist over Home-Loan Assistance EffortChicago Tribune - ... foreclosure will be able to apply to refinance ... funded with $200 million from four mortgage lenders, is aimed at trying to ease the rising tide of home ... Other lenders involved are Guaranteed Rate Inc., Chicago Bancorp and Professional Mortgage ... Read more
State plans program to reduce foreclosuresForbes - ... is scrambling to stem a wave of failing loans as the rate of ... The Dodd proposal resembles the Home Owners' Loan Corp. founded in the mid-1930s to refinance homes that were heading ... work with homeowners that are facing difficulty making a mortgage ... Read more
UPDATE 2-US House Democrats eye gov't mortgage buyouts billReuters - That compared with a revised third-quarter 2007 annualized rate of a 1.5 percent decline, the McLean ... turmoil that started in the third quarter continued into the fourth, making it harder to get mortgage financing for a home purchase or refinance and ... Read more
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