A bipartisan group of 16 Senators urged the Obama administration to remove barriers that have kept underwater homeowners stuck with inflated mortgage rates. In a… Read More »Senators Urge Passage of Underwater Refinance Program
Everything you’ve ever wanted to know about refinancing a mortgage, which is essentially replacing your dusty old home loan with a brand new shiny one.
During President Obama’s speech to the nation last week, he mentioned that the White House would be working with the federal housing agencies to help… Read More »New Refinance Program Probably Won’t Mean Much
Those looking for a mortgage refinance may get a surprise if they bank with Chase. The NYC-based bank and mortgage lender is currently advertising mortgage… Read More »Chase Mortgage Refinance Rates Intentionally Inflated?
If you’re currently the proud owner of a mortgage, you’ve undoubtedly heard of a cash-out refinance, one that allows you to tap into your home… Read More »What Is a Cash-In Refinance? Lower Your Loan Balance and Your Mortgage Rate
Here’s some good news if you’re looking to buy or refinance in the near future. Mortgage rates, specifically 30-year fixed mortgage rates, are expected to… Read More »Mortgage Rates Expected to Stay Below Five Percent Through Early 2012
Shorter term mortgages continue to gain in popularity. In January, a staggering 29 percent of refinancing borrowers went with the 15-year fixed, up from just… Read More »Nearly a Third of Refinancers Choose 15-Year Fixed
Despite ongoing criticism and a number of recent bills aimed at ending several government mortgage assistance programs, the Home Affordable Refinance Program (HARP) has been… Read More »Home Affordable Refinance Program Extended
The FHA Short Refinance program, made available to loan servicers in June but formally launched in October, has resulted in just 15 refinances as of… Read More »FHA Short Refinance Program Has Resulted in Only 15 Refis
FHA refinance loan volume fell 29.9 percent from October to November, according to a FHA Single-Family Outlook released recently by HUD. A total of 69,062… Read More »FHA Refinance Applications Plummet in November