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Mortgage Refinancing Accounts for 21 Percent of 2002 Real Economic Growth in Washington, DC WASHINGTON, Dec. 18 /U.S. Newswire/ -- An unprecedented boom in mortgage refinancing that started in 2001 has helped keep the economy moving, igniting 20 percent of the real growth in the nation's gross domestic product, according to a new study commissioned by the Homeownership Alliance.
Publication: U.S. Newswire
Homeownership Alliance: Mortgage Refinancing Accounts for 20 Percent of Real Economic Growth Since 2001 WASHINGTON, Dec. 17 /U.S. Newswire/ -- An unprecedented boom in mortgage refinancing that started in 2001 has helped keep the economy moving, igniting 20 percent of the real growth in the nation's gross domestic product, according to a new study commissioned by the Homeownership Alliance. Written
Publication: U.S. Newswire
Profile: Using mortgage refinancing to pay for items unrelated to the home 00-00-0000 Profile: Using mortgage refinancing to pay for items unrelated to the home Host: BOB EDWARDS Time: 10:00-11:00 AM BOB EDWARDS, host: Mortgage refinancing is surging again. Low interest rates have sparked the nation's fourth refinancing boom of the past decade. Home equity borrowing is
Publication: Morning Edition (NPR)
Mortgage refinancing. (includes appendix on consumer attitude survey) Mortgage Refinancing This article was prepared by Glenn B. Canner and Charles A. Luckett of the Board's Division of Research and Statistics, and Thomas A. Durkin of the Office of the Secretary, with research assistance from Ian W. Burns and Wayne C. Cook. In recent years, homeowners have raised
Publication: Federal Reserve Bulletin
Sen. Reid Introduces Mortgage Refinancing Initiative Act AMBRESH RANJAN US Fed News WASHINGTON, Feb. 5 -- Sen. Harry Reid, D-Nevada, has introduced the Mortgage Refinancing Initiative Act of 2008 (S. 2574), legislation that would "amend the Internal Revenue Code of 1986 to allow the use of qualified mortgage revenue bonds for refinancing mortgages and to
Publication: US Fed News Service, Including US State News
Refinancings gain more steam as rates drop; Boom heads for surprising 3rd record year.(News)(mortgage refinancing trends) Byline: tom fredrickson Just when it was supposed to peter out, the mortgage refinancing boom instead picked up more momentum last week. The latest push came on news from the Mortgage Bankers Association of America that mortgage rates hit 40-year lows last week, sinking to 5.65%. Those lows are
Publication: Crain's New York Business
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