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refinance mortgage ratesChicago Tribune - That's what the Bush administration says, seconded by executives of major banks, mortgage firms and Wall Street investors. But at the point where homeowners seek to refinance out of unfavorable loans or modify mortgage terms things may look different ... Read more
Second-mortgage issues join resetting rates for 1-2 punchUSA 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 ... Read more
Mortgage applications up for first time in a monthCNN Money - Mortgage applications up slightly MBA survey shows refinance and purchase volume increased in latest week as fixed-rate mortgage rates tumbled. Read more
Mortgage applications up slightlySanta Rosa Press Democrat - Hardest hit are those with adjustable-rate loans that were popular during the housing boom because they helped lower monthly mortgage payments. But those costs jump as rates rise and homeowners face losing houses if they can't refinance or sell. Read more
Jumbo loans get FHA backingWall Street Journal - ... the new mortgage would cut his mortgage rate by more than a percentage point, making him a better credit risk, says his mortgage banker, Lou Barnes of Boulder West Financial. "My understanding was it was pretty straightforward to refinance when rates ... Read more
Some Borrowers Hit New Snag In RefinancingSan Francisco Gate - The new higher limits also will let more people who are struggling with their existing mortgage refinance into the government's new ... The FHA program has been sporting double-digit delinquency rates for years," he adds. Read more
FHA boosts home mortgage limitsBiloxi Sun Herald - Founded in 1989, Refinance.com is based in New York City with offices in Syosset, NY and Boca Raton, FL. More information including mortgage rates and mortgage calculators is available at www.refinance.com. Read more
Refinance.com Announces New Higher Mortgage Loan Limits to $729,750Chicago Tribune - ... will be able to apply to refinance their mortgages at stable, affordable rates under a program to be announced Thursday by Gov. Rod Blagojevich . The Homeowners Assistance Initiative program, funded with $200 million from four mortgage lenders, is ... Read more
State plans program to reduce foreclosuresMSNBC - How are the foreclosure rates doing? The truth is the foreclosure numbers ... of these adjustable loans were sold with assurances that the borrower could refinance ... A recent report from the Mortgage Bankers Association of third-quarter foreclosures ... Read more
Calls widen for foreclosure solutionsDetroit News - Wiping out some of the principal owed on homes would increase mortgage rates to all borrowers, they say, and could ... Barney Frank: Give the Federal Housing Administration $15 billion to buy up loans and refinance them at lower rates. Read more
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