Refinancing, Mortgage | featured news

With 30-year rate at 4.89%, mortgage applications rise

Mortgage applications jumped last week, as low interest rates fueled refinancing activity.

 

Obama foreclosure fix is open for business

Obama foreclosure fix is open for business

The Obama administration today released details of $75 billion home loan modification and refinancing programs. Borrowers can start contacting loan servicers.

 

White House Unveils Housing Plan

White House Unveils Housing Plan

The Obama administration announced new plans to make it easier for up to nine million people to rework or refinance their mortgages. Geithner said the Treasury is increasing its funding commitment to Fannie Mae and Freddie Mac.

 

Home Refinancing Hobbled by Variety of Obstacles

Home Refinancing Hobbled by Variety of Obstacles

Interest rates are falling, but potential borrowers face higher costs.

 

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