Latest Mortgage Refinance Rate news:
How to Determine if it's Time to Refinance
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
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News Source - Today's News-Herald
Publish date - 13:13:51 07/05/08
Bad Credit and Home Refinance
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
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News Source - Carteret County News-Times
Publish date - 14:49:07 07/05/08
Lenders face challenges as mortgage rates reset this summer
The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders to keep those people out of foreclosure and stabilize the housing market.
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News Source - Austin American-Statesman
Publish date - 23:54:49 07/04/08
Arizonans brace for summer mortgage resets
The number of adjustable-rate mortgage resets is expected to peak this month in Arizona.
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News Source - The Arizona Republic
Publish date - 01:10:21 07/04/08
Are there any risks in getting a 30-year, fixed-rate mortgage?
A: The risks are low because you're protected against rising rates and you'll know what the interest and principal part of your payment will be. But if interest rates go down, your payment won't change unless you refinance. And, Freddie Mac points out, since 30-year rates may be higher than adjustable-rate mortgages, you might not qualify to borrow as much.
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News Source - Louisville Courier-Journal
Publish date - 08:54:33 07/02/08
Weighing refinancing as a way to end private mortgage insurance
Q: Can I refinance to get rid of private mortgage insurance?A: Yes and no. If you have enough equity in your home after the cost to refinance typically 20 percent or more, you can probably get clear of private mortgage insurance.
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News Source - San Jose Mercury News
Publish date - 16:57:18 07/03/08
Personal Finance Daily: You may want to bail on your adjustable mortgage
The Federal Reserve has sent a pretty clear signal to the markets that it stands ready to push interest rates higher to fight inflation. If you are a homeowner with an adjustable-rate mortgage, you can pretty much interpret that as well as a signal to jump into a fixed-rate loan as quickly as you can.
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News Source - Market Watch
Publish date - 18:09:52 07/02/08
Mortgage applications rose 3.6% last week: MBA
Mortgage applications filed last week rise a seasonally adjusted 3.6% compared with the week before, the Mortgage Bankers Association says. Interest rates on fix-rate mortages move slightly lower.
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News Source - Market Watch
Publish date - 11:25:02 07/02/08
Auto Loan Refinance to Reduce Monthly Payments
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative.
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News Source - Richfield Reaper
Publish date - 14:50:08 07/05/08
Mortgage applications rose during week
The volume of applications for U.S. mortgages increased last week, rising a seasonally adjusted 3.6 percent over a week earlier, an industry group said.The Market Composite Index, which measures mortgage loan application volume, was 477.7 for the week ending June 27, compared to 461.3 a week earlier, the Mortgage Bankers Association said in a release Wednesday.The Refinance Index increased 4.7 ...
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News Source - Moldova.org
Publish date - 15:43:05 07/02/08
As adjustable rate mortgages reset this summer, foreclosures could peak
More than 300,000 subprime ARMs are scheduled to reset this summer, raising loan payments for many homeowners. That may create more trouble for the slumping housing market.
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News Source - Seattle Times
Publish date - 09:16:12 07/05/08
Arlington City Council votes to refinance one Dallas Cowboys stadium bond
The Arlington City Council voted unanimously on July 1 to refinance one of its three Dallas Cowboys stadium bonds.
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News Source - Fort Worth Business Press
Publish date - 15:28:59 07/03/08
Real Estate Wonk: Paying mortgage off early gets tricky
S ure, you get a tax deduction for the interest you pay on your mortgage, but that doesn't mean you aren't heartsick about all that interest. Should you try to pay your loan off early and cut out a chunk of the interest due?
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News Source - Baltimore Sun
Publish date - 14:03:25 07/04/08
Realty Q&A: Direction of interest rates critical factor in refinancing
I am about to refi my mortgage, which is going to switch to an adjustable rate in the next 60 days. I plan to remain in my house for the next10 years. I am looking for an intelligent and independent view of the current rate situation and I believe you would have that.
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News Source - Market Watch
Publish date - 23:21:36 07/03/08
Mortgage Rates Increase With Temperature
The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders and others to keep those people out of foreclosure and stabilize the housing market. The timing reflects the height of subprime lending in the summers of 2005 and 2006, when many borrowers secured loans scheduled to adjust in two or three years. ...
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News Source - The New York Sun
Publish date - 07:14:50 07/02/08
Mortgage applications rebound
Price declines on 30-year fixed-rate mortgages generate new loans and more refinancing.
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News Source - CNN Money
Publish date - 12:13:21 07/02/08
Housing woes likely to continue
The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders and others to keep those people out of foreclosure and stabilize the housing market.
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News Source - The News Journal
Publish date - 00:30:36 07/05/08
