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Archive for the ‘Mortgage Refinancing’ Category

Rates fall to new all-time lows
Mortgage rates reached another modern-day low, and homeowners took advantage by refinancing. The benchmark 30-year fixed-rate mortgage fell 6 basis points this week, to 4.53 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point.

Read more on Bankrate.com

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15,000 homeowners sought mortgage help
Neighborhood Assistance Corporation of America, or NACA, helped homeowners lower their mortgage payments. Organization says 1 in 3 lowered payment

Read more on WPTV West Palm Beach

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Should I Use Savings in CDs to Pay Off House?
Depleting a savings account to pay off a mortgage could leave you vulnerable in an emergency.

Read more on FOX Business

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Mortgage rates at bottom?
Mortgage rates fell to the lowest level in decades for the ninth time in 10 weeks, but Wichita mortgage brokers say they think the rates are unlikely to get much lower.

Read more on The Wichita Eagle

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Mortgage applications rise 4.9 pct. on low rates
Mortgage applications rose 4.9 percent last week as more borrowers refinanced at the lowest rates in decades.

Read more on AP via Yahoo! News

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Mortgage rates hit low of 4.36 percent
Mortgage rates fell to the lowest level in decades for the ninth time in 10 weeks as concerns grow that the economy is…

Read more on Deseret News

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