Category Archives: Refinance News

Selling your home this fall? Historically, the fall season brings on slower home sale activity. Here's how to make your home the highlight of the house-hunt. While curb appeal is still very important, what you do on the inside of … Continue reading →

The National Association of Realtors announced today that Existing Home Sales rebounded in July to a 5-month high. The report, which measures the month-over-month sale of previously owned homes, indicated sales of such homes increased 3.1 percent possibly influenced by … Continue reading →

For the second consecutive week, overall home mortgage activity fell 1.5 percent, according to a report issued today by the Mortgage Bankers Association (MBA).

What can homeowners and homeowner hopefuls do to lower their interest rate? A temporary rate buy-down paid by your lender! Some lenders are offering a temporary buy-down version of FHA mortgages. What’s a temporary buy-down? The program gives clients who … Continue reading →

Last year, FHA rolled out FHASecure, a loan program designed to help homeowners with adjusting ARMs (adjustable rate mortgages) get a fixed rate. Last month, FHA re-launched FHA Secure with some fresh new guidelines aimed at helping even more homeowners.

The Mortgage Bankers Association announced this morning that the number of people applying for a mortgage last week fell 1.5% as compared to the one that preceded it. While applications to purchase a home were flat, applications to refinance an … Continue reading →

Knowing when to lock mortgage interest rates is extremely important and something everyone interest in buying a home or refinancing should understand. Today's audio news stories talks about locking rates and what you need to know to make the best … Continue reading →

The Federal Open Market Committee (FOMC) announced today that it will maintain its Fed Funds rate at 2.0 percent. This is the rate at which banks loan money to one another, impacts mortgage rates for adjustable rate mortgages and home … Continue reading →

President Bush signed the Housing and Economic Recovery Act of 2008 into law this morning. With about 700 pages in this bill, it covers a lot of ground but here are some main points homeowners, home buyers and anyone interested … Continue reading →

Long term mortgage rates fell last week but a report issued by the Mortgage Bankers Association showed the number of people applying for a home loan plummeted 14.1% for the week ending July 25.