Mortgage refinance News
recent headlines ...
Mortgage Refinance Applications Soar As Rates Fall ...
NEW YORK -(Dow Jones)- Applications to refinance mortgages soared last week as interest rates dipped by almost 1 percentage point after the Federal Reserve announced that it would purchase billions in mortgage related debt.
Source: Nasdaq (Wed, 03 Dec 2008 22:01:21 GMT)
Time to refinance? Mortgage rates historically low ...
The Federal Reserve announced last week that it would purchase up to $100 billion in direct debt of Fannie, Freddie, and the Federal Home Loan Banks, along with up to $500 billion of mortgage-backed securities backed by Fannie, Freddie and Ginnie...
Source: Summit Daily News (Thu, 04 Dec 2008 03:27:38 GMT)
Proposal could drop mortgage rates to 4.5 percent ...
If Treasury Department approves plan, said one mortgage broker, 'We would have everybody and their brother who had equity in their homes coming to refinance. That would be an amazing influx of loan applications. It would keep things going for a long, long time.'
Source: San Jose Mercury News (Thu, 04 Dec 2008 05:01:13 GMT)
AFX UK Focus) 2008-12-03 12:19 RPT-US mortgage applications surge by record...
NEW YORK, Dec 3 (Reuters) - U.S. mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance ...
Source: Interactive Investor (Wed, 03 Dec 2008 12:50:04 GMT)
Mortgage applications post largest gain ever ...
Mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday.
Source: Reuters via Yahoo! News (Wed, 03 Dec 2008 16:42:18 GMT)
Low rates breathe life into mortgage market ...
A recent half-percentage-point drop in 30-year home loans is jolting a mortgage market that has been weighed down by a nose-diving economy and troubled credit markets.
Source: The Columbus Dispatch (Thu, 04 Dec 2008 03:58:25 GMT)
Mortgage Applications Surge by Record Amount ...
U.S. mortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday.
Source: Fox News (Wed, 03 Dec 2008 14:48:57 GMT)
Asia Markets: Sector turns up as mortgage applications surge ...
Shares of U.S. financial stocks reverse early losses as data show mortgage refinancing applications rose sharply, suggesting capital may be flowing better to homeowners and providing some support for weak home prices.
Source: Market Watch (Wed, 03 Dec 2008 15:27:20 GMT)
Financial Stocks: Bulls outlast bears in Wednesday grudge match ...
Shares of U.S. financial firms remain volatile as investors play tug-of-war over positive news about rising mortgage applications and bearish reports of draconian job cuts and weak economic data.
Source: Market Watch (Wed, 03 Dec 2008 20:26:30 GMT)
Is it a good time to refinance your mortgage? ...
(WKTV) - If you are in the market to buy a home, it is a really good time, but if you are selling, it's not so good. But how about re-financing your mortgage?
Source: WKTV Utica (Mon, 01 Dec 2008 18:15:39 GMT)
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