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Raphael Levinore was able to buy a bigger house with a swimming pool. Donna Helmka plans to install new windows in her home, pave her driveway and pay off about ,000 in debt. Mortgage rates that are hitting their lowest levels since 1958 are fueling a lending boom....


Wave after wave of mortgage refinancing customers have flooded the U.S. mortgage market in the past year, a trillion-plus phenomenon driven by interest rates sinking to their lowest levels since 1966. The big question for new loan seekers: How can you avoid being left high...


Mortgage rates have hit record low levels recently, causing a refinancing frenzy as well as a surge in home purchases in Santa Barbara County and across the nation. The rush to take advantage of the lower interest rates has resulted in "unprecedented activity" among local...


Homeowners could save thousands of dollars on mortgage interest payments if they give up a big incentive: the right to refinance. That is the conclusion reached by a number of housing professionals, many of whom have seen profits squeezed and portfolios battered because...


With mortgage rates still at tempting four-decade lows, homeowners are doing the math and beating a path to their lenders to refinance. "It's totally unbelievable," said a bank President Bob Sznewajs. "Just when you think there are no more refinances to be done, they show...


The continuing low mortgage interest rates are sustaining a boom in the refinance market as we progress into year 2003. A large proportion of today's refinance applications call for an amount of cash to the borrower, over and above refinancing an existing mortgage. This...



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