Mortgage, Home Loan & Refinance Information

Today's Low Mortgage Refinancing Rates Mean Now is the ... - PRLog (free press release)
php For example, say you have a $400,000 mortgage on a home that was worth $440,000 twelve months ago. You apply for a mortgage refinance but the new appraisal indicates the values of homes in your area are now only $420,000. Since your equity is now ...
Posted: Thu, 11 Mar 2010 17:26:00 GMT

Fitch Takes Various Actions on Mortgage Capital Funding ... - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings revises the Recovery Rating (RR), affirms the ratings and assigns a Rating Outlook to Mortgage Capital Funding ... borrowers of both loans have exhausted all efforts to refinance the loan. The special ...
Posted: Wed, 10 Mar 2010 05:31:00 GMT

UPDATE 1-U.S. home loan demand nudges higher in latest ... - Reuters
NEW YORK, March 10 (Reuters ... negative equity, meaning they owe more on their mortgage than their home is currently worth, are more prone to defaults and foreclosures. For a graphic on seasonally adjusted refinance index and foreclosures, click on ...
Posted: Wed, 10 Mar 2010 14:35:00 GMT

Fitch Downgrades 3 Classes of Chase CSMC 1999-2 ... - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings downgrades, assigns Rating Outlooks and Loss Severity (LS) ratings to Chase Commercial Mortgage Securities Corp ... are specially serviced of which seven did not refinance at maturity, one is a real estate ...
Posted: Wed, 10 Mar 2010 23:40:00 GMT

U.S. home purchase loan demand at lowest since 1997 - Financial Post
NEW YORK -- U.S. mortgage applications fell for a third straight week, with demand for home purchase loans sinking to the ... adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended February 19.
Posted: Wed, 24 Feb 2010 14:45:00 GMT

The new poor: Lured into trade school and debt - Times-Argus
to seek information, he was feeling pressure to start a new career. It was 2008, and his Florida mortgage business was a casualty of the housing ... When TJ Williams arrived in Portland from his home in Utah to enroll at Le Cordon Bleu in 2007, he ...
Posted: Sun, 14 Mar 2010 21:40:00 GMT

The Securities Law Firm of Klayman & Toskes Files ... - MSN Money
NEW YORK, March 12, 2010 (GLOBE NEWSWIRE) -- The Securities Law Firm of ... Specifically, the Ferris Baker advisor recommended that the Claimants refinance their home mortgage to purchase income generating closed-end funds which were represented to ...
Posted: Fri, 12 Mar 2010 16:13:00 GMT

Bank of America Reports 21,000 Permanent Home ... - RealEstateRama
... the Dow Jones Industrial Average and is listed on the New York ... America Begins Mortgage Refinancing under U.S. Treasury’s ‘Making Home Affordable’ Plan Homeowners with little to no equity may now have an opportunity to refinance.
Posted: Fri, 12 Mar 2010 19:19:00 GMT

Study Sees FHA Taking More Risk - Wall Street Journal
The federal government's mortgage-insurance agency is understating how much risk it has taken on, says a group of economists from the New ... their loans to refinance even if the value of the loan equals or exceeds the value of the home.
Posted: Thu, 04 Mar 2010 23:54:00 GMT

Archives for February 2010 - MonitorBankRates.com
... rates can be found in your state or zip code by using our mortgage rate tables. Mortgage Rates & Refinance Rates The average 15 year mortgage rate increased to 4.40 percent, up from last week’s average home ... rates in New York, New York.
Posted: Wed, 10 Mar 2010 23:54:00 GMT