Category Archives: Refinance home mortgage

Upgrade your house for the holidays and beyond

Garage door replacement and walkway enhancements are worthwhile home improvement projects.

Speaking at a mortgage industry conference in Chicago on October 11, Mark Zandi, a leading economist, said it could take a year or longer before house prices begin to rise nationwide. Continue reading

Posted in Refinance home mortgage | Tagged | Leave a comment

How to get past the obstacles on the way to refinancing

A high credit score is one of many strict requirements borrowers face when trying to refinance a loan.

Mortgage rates continue to fall to new historic lows, enticing many homeowners to refinance their existing loans to save money. Continue reading

Posted in Mortgage Rates, Refinance home mortgage | Tagged , | Leave a comment

Reasons to refinance a mortgage

Consolidating credit card debt is one reason to refinance a home mortgage.

At the end of September, refinancing applications rose to their highest levels since August 2010 as 30-year fixed loan interest rates dipped below 4 percent, the Mortgage Bankers Association reported. Continue reading

Posted in Refinance home mortgage | Tagged | Leave a comment

September housing scorecard gives mixed signals

President Obama recently said efforts to help more people refinance their homes could save families more than $2,000 a month.

The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury released September’s Housing Scorecard, which showed mixed signals. Continue reading

Posted in Refinance home mortgage | Tagged | Leave a comment

Foreclosures down compared to 2010

Foreclosure starts increased in August by nearly 20 percent.

The August Mortgage Monitor Report by Lender Processing Services shows that foreclosure starts were up in August by nearly 20 percent compared to results in July 2011, but remained 12 percent below the levels reported in August 2010. Continue reading

Posted in Mortgage Lending, Refinance home mortgage | Tagged , | Leave a comment

HSH announces refinancing mistakes

When refinancing a mortgage, homeowners should beware of five common mistakes.

Home refinancing can be murky waters to tread in for inexperienced homeowners, so HSH released a list of mistakes for consumers to avoid. Continue reading

Posted in Refinance home mortgage | Tagged | Leave a comment

Fed: Millions could have refinanced

The Federal Reserve announced that a number of factors kept about 2.3 million people from refinancing.

Tight credit and lack of equity stopped about 2.3 million homeowners from refinancing their mortgages, the Federal Reserve announced September 22. Continue reading

Posted in Refinance home mortgage | Tagged | Leave a comment

Mortgage applications up slightly

Mortgage applications increased this past week.

The Mortgage Bankers Association recently released its market composite index for the week ending on September 16. Continue reading

Posted in Mortgage Lending, Mortgage Rates, New Home loans, Refinance home mortgage | Tagged , , , | Leave a comment

Lenders reveal common refinancing mistakes

A recent LendingTree survey revealed the most common mistakes made when refinancing a home.

In the wake of recent news that average mortgage rates are increasing slightly, a survey from LendingTree revealed the most common mistakes homeowners make when refinancing their home. Continue reading

Posted in Refinance home mortgage | Tagged | Leave a comment

Mortgage activity on the rise

Mortgage activity showed an increase for August.

According to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 9, mortgage applications increased 6.3 percent from the week prior. Continue reading

Posted in Mortgage Lending, Refinance home mortgage | Tagged , | Leave a comment