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Many people who take cash out of their house when they refinance their mortgage will have to pay more starting Feb. 1. Fannie Mae, a quasi-government agency that buys mortgages from lenders and sets terms for much of the mortgage market, has discovered that people who...


JUST WHEN YOU THOUGHT EVERYONE WHO WAS GOING TO REFINANCE A HOME MORTGAGE HAD LONG SINCE DONE SO, INTEREST RATES DIPPED AGAIN, TO UNDER 6 PERCENT. THAT SPAWNED YET ANOTHER SURGE OF REFINANCING APPLICATIONS FOR LENDERS AND CAUSED LONG LINES AND FRAYED NERVES AT REGISTRY OF...


We are in a mortgage refinancing boom. Interest rates are lower than they have been in decades, and homeowners nationally are taking advantage of these rates. The Internal Revenue Service recently issued a press release (IR-2002-114) reminding taxpayers that some, but not...


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...



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