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The mortgage industry is reporting record refinancing activity with interest rates near their lowest point in 33 years.
Mortgage loan activity increased 18.1percent on a seasonally adjusted basis nationally last week, according to the weekly Mortgage Bankers Association of...
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If you own a home, chances are good you have thought about refinancing your mortgage lately. Rates recently fell to a 40-year low and have been hovering at record low levels.
This has brought out a flood of homeowners who want to lower their monthly payments, get a...
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The wave of refinancing that many economists viewed as a bright spot in the economy is quickly subsiding as mortgage rates continue to climb.
An index tracking mortgage applications fell for the fifth straight week as interest rates rose to the highest level since the end...
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With mortgage rates at 35 year lows, it sounds like a no-brainer. Now's the time for many homeowners to refinance their home loans.
Even Alan Greenspan and the Federal Reserve have gotten into the rate-cutting business, lowering a key interest rate by a half-percentage...
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It's not only whether you refinance your home mortgage, it's how. Whether your clients are modest or wealthy, they're probably brooding over how to rescue shrinking investments. At the same time, they're also probably writing a monthly check for their home mortgages without...
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Dropping interest rates in 2001 meant an increase in refinancing business. And rates remain low enough for some people to think about locking in a new rate.
"This has been a phenomenal year in the mortgage industry," said Tammy Rowe, a mortgage broker who operates West...
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