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Refinance Home Mortgage Article

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refinance home mortgage

Street.Com - ... the principal remaining on your first mortgage. Say you need a complete kitchen overhaul, at a projected cost of $75,000; your home is worth $500,000, and you still owe $200,000. With a cash-out refinance, you can take out a new, $275,000 mortgage ...

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How to Pay for Home Renovations

Boston Globe - Problems in the credit markets and eroding home values are making it harder to refinance out of unmanageable loans. The threat of so-called "mortgage walkers," or homeowners who can afford their payments but decide not to pay, also increases as home ...

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Home equity falls below 50 percent

Reuters - WASHINGTON (Reuters) - Staff of the U.S. Office of Thrift Supervision (OTS) met with mortgage servicers on Wednesday to discuss a proposal to refinance loans whose home values have dipped, according to a source familiar with the meeting. The private ...

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US Thrift Regulator, Industry Meet on Home Refinancing

Forbes - NEW YORK, March 4 /PRNewswire/ -- Refinance.com, the nation's premier source for residential mortgage refinancing, has announced new higher mortgage loan limits up to $729,750 for a single family home, stated Nicholas Bratsafolis, chairman and CEO of ...

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Refinance.com Announces New Higher Mortgage Loan Limits to $729,750

Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education ... U.S. mortgage applications rise ... weekly rise in a month as falling interest rates increased incentives to refinance ...

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U.S. mortgage applications rise

USA Today - NEW YORK (Reuters) — Applications for home mortgages rose for the first week in a month as falling interest rates increased incentives to refinance existing loans, according to data from an industry group Wednesday. The Mortgage Bankers Association ...

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Mortgage applications up as rates plunge below 6%

Reuters - The financial market 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 foreclosures continued to rise, putting additional stress on the inventory of ...

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US Q4 home prices drop; 1st consecutive drop since 1982

Kane County Chronicle - Mortgage applications in the U.S. increased last week from a two-month low, led by a gain in refinancing as mortgage rates dropped. The Mortgage Bankers Association’s index of applications to buy a home or refinance a loan rose 3 percent to 684.9 ...

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U.S. MBA’s Mortgage Applications Index Increased 3% Last Week

Forbes - Refinance applications accounted for 52.4 percent of all mortgage applications during the week ending Feb. 29. ... The average rate for 15-year fixed-rate mortgages, often an option used for refinancing a home ...

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Mortgage Application Volume Rises

HULIQ.com - Residential appraisal companies owned by mortgage companies are under scrutiny for over inflating U.S. home values during the refinance boom. A new reform, headed by Andrew Cuomo, Attorney General of New York, is aimed at easing the pressure on ...

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