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'Planets aligned' for refinancing; Mortgage rates are remaining low
Homeowners who missed the refinancing boom of 2002-03 have another crack at it while mortgage rates hover below 6 percent. "The planets are aligned right now," said Anthony Hsieh, president of LendingTree.com, an online mortgage site. Hsieh pointed out that last week's average rate of 5.57 percent
Publication: Telegraph - Herald (Dubuque)
Prepayment key to refinancing mortgage
Q. I am refinancing my home mortgage, a 15-year fixed at 11.5 percent. I have made six years of payments -- 72 monthly payments of $1,320 each. My new mortgage will be a 15-year fixed at 8.125 percent, with monthly principal and interest payments at $1,015. All the "experts" say this is a good move
Publication: The Boston Globe
Round two for refinancing. (mortgage refinancing; includes related article)
A soft real estate market in many pans of the country has meant fewer home purchases, while home mortgage refinancing business has soared. A spokesperson for the Federal National Mortgage Association estimates that 70% of the agency's 1992 business through July has been in refinancings. Second
Publication: ABA Banking Journal
Lower Rates Spur Sales, Refinancing;Mortgage Activity Up Since January
Home mortgage interest rates in the Washington area, as well as elsewhere in the country, have dropped to their lowest level in years, prompting many homeowners to seize the opportunity to lower their monthly house payments through refinancing or to pay off their mortgages faster. Except for a
Publication: The Washington Post
If refinancing mortgage is considered, time is now
THE ASSOCIATED PRESS Question: The Federal Reserve recently lowered interest rates again but mortgage rates are rising. Should I refinance my mortgage, and if so, what type of mortgage should I consider? Answer: Mortgage rates are still at low levels not seen since the 1960s. However, they have
Publication: Daily Breeze
Home equity loan avoids fees of refinancing mortgage.
Byline: Jeff Brown Q. I would like to refinance my adjustable-rate mortgage to lock in one of today's low rates. But I don't want to pay a lot of fees for a new mortgage that would actually make my monthly payments bigger over the next year. Refinancing would cost thousands, which seems like an
Publication: The Philadelphia Inquirer (via Knight-Ridder/Tribune News Service)
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refinancing mortgage
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