Color of Money: The Time to Refinance?
Jan 29th, 2008 · The housing crisis has driven interest rates down on mortgage loans. That doesn't necessarily mean it's the best time for everyone to refinance.
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Lender Offers Tips for Those Looking to Refinance
Jan 25th, 2008 · The Federal Reserve's decision to cut a key interest rate this week prompted a burst of activity in the mortgage market as homeowners tried to figure out whether to refinance. Russell Rothstein, the director of mortgage lending for Beacon Mortgage in Rockville, Md., offers advice.
'Marketplace' Report: Mortgage Relief *
Oct 23rd, 2007 · The nation's biggest mortgage lender, Countrywide Financial, will modify or refinance $16 billion in loans to homeowners facing higher adjustable interest rates. Also, Capitol Hill may allow homeowners with risky loans to sue Wall Street companies and lenders for relief.
Refinancing Help Won't Erase Borrowers' Problems
Aug 31st, 2007 · Treasury Secretary Henry Paulson says the steps the Bush administration is taking will help identify mortgage holders who might have problems down the line. He says the government cannot make the problems go away, but it can try to help those who are capable of owning a home refinance their loans.
Homeowners Aiming to Refinance Hit Mortgage Rut
Aug 15th, 2007 · Mortgage applications have risen for the second straight week, with borrowers getting out of adjustable-rate loans in a bid to escape volatility in the financial markets. But mortgage-industry troubles are hanging up homeowners seeking to refinance.
Lack of Capacity Fuels Oil-Refinery Profits ****
May 30th, 2007 · Gasoline prices are near an all-time high. Soaring prices for crude oil are partly to blame, but most of the extra money consumers are paying at the pump this year goes to refiners -- which are profiting because of a lack of refining capacity in the U.S.
Lack of Capacity Fuels Oil-Refinery Profits ****
May 30th, 2007 · Gasoline prices are near an all-time high. Soaring prices for crude oil are partly to blame, but most of the extra money consumers are paying at the pump this year goes to refiners -- which are profiting because of a lack of refining capacity in the U.S.
Banks Create Program to Ebb Foreclosure Tide ***
Apr 12th, 2007 · Two big banks have committed $1 billion in financing to help people with subprime mortgage loans avoid foreclosure. The program, administered by a Boston housing advocacy group, will refinance the mortgages of thousands of low-income homeowners deemed to have been taken advantage of by abusive lenders.
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