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Bad Credit and Home Refinance Kewanee Star Courier
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
How to Determine if it's Time to Refinance Hornell Evening Tribune
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
``When is the Right Time to Refinance Your Home Mortgage?'' from Informa Research Services Business Wire via Yahoo! Finance
CALABASAS, Calif.----While fixed mortgage interest rates have been holding relatively steady for the past year -- averaging 6.38% APR, slightly down .38% from a year ago -- some homeowners with higher adjustable rates are finding that now is a good time to refinance their mortgages.
Good Reasons to Refinance Now Hornell Evening Tribune
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market.
The Scoop on Adjustable Rate and Interest Only Mortgages Kewanee Star Courier
(ARA) - There are so many types of mortgage programs available to home buyers that it can get difficult to keep them all separate. One of the latest types of programs that many people are taking advantage of is the Interest Only Mortgage option.
U.S. 'subprime' mortgage crisis hitting blacks, Latinos hardest CP via Yahoo! Canada News
WASHINGTON (CP) - Elizabeth Redrick has lived in her Cleveland home for almost four decades. Now, suddenly, she may lose it.
Federal regulators working with mortgage lenders as they voluntarily refinance risky loans Naples Daily News
Federal banking regulators are giving lenders more flexibility when they restructure high-interest rate mortgages given to home buyers with poor credit. The effort by the Office of Thrift Supervision and other agencies is aimed at softening the impact of the housing market’s slowdown and bolsters the argument of lawmakers who say mortgage reforms may not be needed.
Easy-money loans send short sales soaring Contra Costa Times
A year ago, short sales of homes were in short supply. Not anymore. Today, short sale, or discounted, listings are on the rise in the Bay Area and San Joaquin County due to cooling home sales, soaring foreclosure rates and the resetting of easy-money loans into higher mortgage payments, observers
9 Indicted In Mortgage Fraud Scheme KPRC Local 2 Houston
HOUSTON -- Nine Conroe-area residents have been indicted on charges of participating in a mortgage fraud scheme, KPRC Local 2 reported Thursday. FBI officials said the group secured refinance loans for unqualified buyers of mobile homes and lots sold by Emerson Manufactured Homes.
VA home loans are a great military/veteran benefit Cloquet Journal
Veteran’s Affairs (VA) guaranteed loans are made by private leaders, such as banks or mortgage companies to eligible veterans for the purchase of a home which must be for their own personal occupancy and can be a substantial money-saving financial option.
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