Refinance Home Loans
Refinance Home Loans News and Refinance Home Loans Information.

September 30, 2007

Home Equity Loan - Thousands brace for mortgage rate jump

Filed under: Refinance Home Loans — Administrator @ 7:19 am

Thousands brace for mortgage rate jump
Boston Globe - The number of mortgage rate resets will decline in 2008, but the amount is still sizable: 24,650 adjustable-rate mortgages years when the state s housing market was strong, many homeowners with resetting mortgages will not be able to refinance

Line of credit best option in this case
Everett Herald - I think it would be easier and less complicated to go on the title first and handle the financing as a mortgage refinance. So let’s assume that is what you will do. You mentioned that your son wants to keep his mortgage. If he has a low, fixed-rate

Prediction: Mortgage foreclosures will get worse
Newburyport Daily News - Mass Housing have pledged to create a $250 million fund to help people who are facing foreclosure to refinance their loan at a lower interest rate. According to Brooks, people with poor credit histories and who have been delinquent on their mortgage

Ailing lender still offering high risk loans - but customers stay away
Guardian Unlimited - A combination of mortgage sales before its near collapse and the need to refinance its existing book of mortgages is expected to force the company to seek significant extra funds from the Bank of England. The rescue package offered by the central bank

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