The News Review:
- Homeowners anxious for details
- Mortgage Bankers Association says refinancing applications surge
- Mortgage refinancing is up for some
Homeowners anxious for details
Boston Globe United States -
White bought her house in 2007 for $415000 and found she couldn’t refinance because her home had dropped in value. Although she can still pay her loan the office manager hoped the new plan would help her take advantage of historically low interest rates. “You pay your mortgage on time and you can’t take advantage of something it is a little frustrating” White said about her efforts to refinance. “It would be nice to benefit too. “Her mortgage broker Amy Tierce told her and five other clients looking for relief from the bama plan: Wait two weeks for details. bama’s three-part plan unveiled this week has sparked hope – but also many questions – for millions of homeowners nationwide who are trying to save their homes or gain access to attractive lower interest rates. The bama administration plans to issue guidelines March 4 when the program starts.
Mortgage Bankers Association says refinancing applications surge
Bizjournals.com NC -
It was at the highest level since Jan. 16 and coincided with a drop in average 30-year mortgage rates to 4.
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Mortgage refinancing is up for some
Business Gazette MD -
net–> Wednesday Feb. 18 2009 Mortgage refinancing is up for some Low interest rates spur homeowners but many don't qualify by Kevin James Shay and Lindsey Robbins | Staff Writers.