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MANY HOMEOWNERS RUSHING TO REFINANCE; GREENSBORO LENDERS ARE QUOTING 15-YEAR FIXED-RATE MORTGAGES AS LOW AS 5 3/4 PERCENT.(GENERAL NEWS) Byline: MEREDITH BARKLEY Staff Writer GREENSBORO -- With mortgage rates at their lowest level in three years, homeowners are besieging lenders to refinance loans and reduce payments or get money out of their homes. Area lenders say refinancing applications are now 50 percent or more of their
Publication: The News & Record (Piedmont Triad, NC)
Farewell to ARMs: As adjustable-rate mortgages reset, many home buyers refinance to keep payments low. Byline: Ruby L. Bailey Jan. 21--Brian and Lisa Wilcock looked at mortgage interest rates four years ago, did the math and came up with a plan: Because they intended to move in three years, they'd refinance their 30-year fixed-rate mortgage into a three-year adjustable-rate mortgage (ARM) at a lower
Publication: Detroit Free Press (Detroit, MI)
Mortgage rates heading north; People with adjustable-rate mortgages and home-equity loans might be wise to refinance into a fixed-rate loan before rates ratchet up.(NEWS) Byline: Jim Buchta; Staff Writer Going going gone. After nearly two years of warnings that home mortgage rates are heading up, economists and lenders say consumers had better take notice. The average rate on a 30-year fixed-rate mortgage rose to 6.36 percent this week, its highest level in 16
Publication: Star Tribune (Minneapolis, MN)
Should you refinance your mortgage? (now is a good time to refinance 30-year fixed-rate mortgages because of lower rates; tips for evaluating whether one should refinance a mortgage)(Brief Article) Executives are managing less and delegating more. Of 150 executives from the nation's largest companies polled by Office Team, a staffing service specializing in temporary administrative professionals, 93% indicated that they were giving employees more authority to make decisions and take action
Publication: USA Today (Magazine)
Word to the wise: Refinance adjustable-rate mortgages now WEALTH HEALTH While the media and the market scrutinized every word of the Federal Reserve Board's message last week, the most important signal was seemingly overlooked. But it was there, loud and clear, for anyone reading between the lines: "Refinance your adjustable-rate mortgage now, if you
Publication: The Patriot Ledger Quincy, MA
LOWER RATES CAUSE MANY HOMEOWNERS TO REFINANCE / TREND IS TOWARD FIXED-RATE MORTGAGES With interest rates on home mortgage loans the lowest in seven years, Oklahoma City lenders are seeing a record number o f refinances and a trend toward fixed-rate mortgages. "Our application volume is the highest in two years. A significant number of people in the Oklahoma City area are
Publication: The Journal Record
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refinancing mortgage
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