Home Loan U Offers Free Refinancing Tips (Benton Evening News)
(ARA) - As the drum beat of news continues about the credit crunch in the mortgage market, millions of homeowners are worried about their adjustable-rate mortgages that will adjust to higher interest rates, leaving many struggling to make their payment....more...Find the Best Deal on Refinancing Your Home (Benton Evening News)
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?...more... Rate rise may push some over the edge (AAP via Yahoo!Xtra News)
An interest rate rise is just days away, economists say, and while most Australians will barely notice it, for some it may mean losing their home....more... Refinance Now to Avoid your ARM rate Increase (Benton Evening News)
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market....more... Congress works to stem home foreclosures (AP via Yahoo! News)
Members of Congress pushed the Bush administration on Friday to accelerate efforts to stem a rising tide of home foreclosures....more... Low rates lure refinancers, boost mortgage demand (USA Today)
A refinancing wave pushed total mortgage applications higher last week on the lowest 30-year mortgage rates since early May despite a small drop in demand for loans to buy homes, an industry trade group said Wednesday....more... Answering Your Mortgage Questions (Washington Post)
If you missed last week's Web chat with David Reed, author of "Mortgage Confidential: What You Need to Know That Your Lender Won't Tell You," take a look at the transcript. ...more... Outsmart Private Mortgage Insurance (Investopedia)
One of the risk measures lenders use in underwriting a mortgage is the mortgage's loan to value (LTV) ratio . A mortgage's LTV ratio is a simple calculation made by dividing the amount of the loan by the value of the home. The higher the LTV ratio, the higher the risk profile of the mortgage....more... Bad Credit and Home Refinance (Benton Evening News)
(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?...more... |