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Home Mortgage Refinance Loan News
Mortgage refinancing skyrockets - Cincinnati.com
With U.S. mortgage rates the lowest in 30 years, local lenders say they've seen a strong surge in loan applications as homeowners seek to refinance their mortgages in Greater Cincinnati and Northern Kentucky. From the largest commercial banks to ...
Read more...Borrowers seeking to refinance may face challenges - Frederick News-Post
With mortgage rates dropping to the lowest point in 37 years, homeowners are heading to lenders to refinance their loans. Jeri Benner of Mason Dixon Funding said her firm did 400 mortgages in December; about three-fourths of those were refinancing ...
Read more...Mortgage applications hit five-year high - Houston Chronicle
Mortgage applications in the U.S. last week reached a five-year high as borrowing costs slid. The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan rose to 1,245.7, the highest level since 2003, from the ...
Read more...U.S. MBA’s Mortgage Applications Index Rose to Five-Year High - Bloomberg
Dec. 31 (Bloomberg) -- Mortgage applications in the U.S. last week reached a five-year high as borrowing costs slid. The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan rose to 1,245.7, the highest level ...
Read more...Jumbo mortgage loan rates put damper on refinancing - Boston Globe
While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative ...
Read more...Fitch Takes Various Actions on COMM 1999-1; Assigns Outlooks - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings downgrades Deutsche Mortgage & Asset Receiving Corp.'s commercial mortgage pass-through certificates, COMM 1999-1, as follows: -- $19.7 million class K to 'CC' from 'B-' and assigns a Distressed ...
Read more...Fewer homeowners qualify for lower refinance rates - Merced Sun-Star
Recent drops in interest rates have homeowners rushing to call local banks and mortgage lenders about refinancing. Loan applications are pouring in. Yet, South Florida homeowners are mostly getting a big fat "No!" from the bank when they ask to ...
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