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January 23, 2009

Home Refinancing - Not Everyone Can Refinance - ABC News

Filed under: Refinance Home Loans — Administrator @ 6:19 am

Not Everyone Can Refinance - ABC News
Refinancing can save homeowners a lot of money on their mortgages but in these tough times banks are not allowing everybody to refinance. The average interest rate for a 30-year mortgage dipped below 5% this week, a level not seen since the

Housing starts drop to an all-time low in December - Providence Journal
WASHINGTON Construction starts of new houses plunged to an all-time low nationwide last month, capping the worst year for builders on records dating to 1959. The Commerce Department reported yesterday that construction of new houses and

Lien relief for homeowners trying to refinance or sell - Culpeper Star Exponent
The Internal Revenue Service has announced an expedited process that will make it easier for financially distressed homeowners to avoid having a federal tax lien block refinancing of mortgages or the sale of a home. If you are looking to refinance or

Gome Said to Mull 20% Stake Sale to Private Equity (Update1) - Bloomberg
Jan. 23 (Bloomberg) — Gome Electrical Appliances Holdings Ltd. , China s second-biggest electronics retailer, may sell as much as 20 percent of itself to private-equity funds, two people familiar with the plan said. Bain Capital LLC, Carlyle Group

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