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home equity mortgage refinancing loan Links

  

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  ... Mortgage Payment & APR Calculator Mortgage rates Home equity loan rates ... Typically refinancing is done when you have a mortgage on your home and apply for a second loan to pay off the first one.
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• Mortgage Refinancing Mortgage Refinancing Rates - Mortgage Refinancing ...
  ... to a fixed rate or taking advantage of your home's equity. Rate Reduction Generally, if your closing expenses can be recovered within the first 30 months of the new loan , mortgage refinancing is probably ...

home equity mortgage refinancing loan News

White House to Expand Mortgage Refinancing Program (Washington Post)

The Obama administration announced yesterday that it would loosen the eligibility requirements for a program aimed at helping borrowers with no equity in their homes to refinance into cheaper mortgages.

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Shop Around for That Refinance, but Don't Delay (Washington Post)

Q: I am shopping to refinance my condominium mortgage of about $400,000. The outstanding loan balance is $160,000, and my credit is stellar. In order to refinance with my current lender, they want $2,200 in closing costs. I just financed with this lender three years ago, and there seems to be no special benefit for refinancing with them again. I don't understand why they wouldn't want to keep a ...

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Freddie Mac allows financing of 125% of home value (Dayton Business Journal)

Freddie Mac announced Wednesday that it would offer loan-to-value ratios on home mortgage refinancings of up to 125 percent for qualified borrowers. (FRE)

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US real estate markets in deep trouble - Mortgage applications in the U.S. falling very fast (India Daily)

The Mortgage applications in the U.S.is falling very fast signaling deep trouble in US real estate markets. The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan dropped close to 20 percent to 445 in the last week of june from 548 the prior week.

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Changes likely coming for reverse mortgages (The Charlotte Observer)

Q. This comment is in regards to your recent column about reverse mortgages. You told your readers that they can take between 50 percent to 70 percent of their equity in cash from a mortgage lender and that the money doesn't need to be paid back.

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Tilson Talks Mortgage Default (Forbes)

Whitney Tilson is the founder of T2 Partners.

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Real Estate Weekly: Why those who can pay walk away from mortgages (Market Watch)

New research found that more than 25% of mortgage loan defaults are strategic -- that is, a quarter of homeowners who default on their mortgages are walking away from their homes even if they can afford to make their payments.

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