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January 26, 2009

Refinance Mortgage - Many applying to refinance, but few are chosen - Seattle Times

Filed under: Refinance Home Loans — Administrator @ 3:19 pm

Many applying to refinance, but few are chosen - Seattle Times
With mortgage rates near historic lows, the number of homeowners seeking to refinance their homes has spiked to its highest level in five years. But many have been unable to win approval for their applications. Even some homeowners who do qualify

Mortgage rates falling, but refinancing isn’t easy - ScrippsNews
Mortgage rates hit stunning new lows last week, falling below 5 percent for the first time in decades. The stampede of refinance applications triggered when rates first starting tumbling in early December continues apace. But the good news comes with

To refinance or not to refinance. THAT is the question. - Richmond Times-Dispatch
Homeowners are saving hundreds of dollars a month by refinancing their mortgage loans at interest rates near record lows. Some are pumping the extra money into savings, using it to bolster spending or making home improvements. A Midlothian couple may

Home Refinancing Hobbled by Variety of Obstacles - Atlanta Journal Constitution
As mortgage rates hit new lows every week, the number of homeowners seeking to refinance their homes has spiked to its highest level in five years. But many have been unable to win approval for their applications. And even some of the homeowners who

Mortgage applications surge following unprecedented low interest rates - Coloradoan
Mortgage applications surged in early January to the highest level since July 2003 when refinancing activity exploded with the housing boom, according to the Mortgage Bankers Association. More than 80 percent of applications came from borrowers

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