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Weighing refinancing as a way to end private mortgage insurance (San Jose Mercury News)
Q: Can I refinance to get rid of private mortgage insurance?A: Yes and no. If you have enough equity in your home after the cost to refinance typically 20 percent or more, you can probably get clear of private mortgage insurance.
Bad Credit and Home Refinance (Carteret County News-Times)
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
Impac Mortgage refinances credit facility (AP via Yahoo! Finance)
Mortgage investor Impac Mortgage Holdings Inc. said Thursday it has refinanced an outstanding repurchase financing facility, replacing it with a term loan from UBS Real Estate Securities Inc.
Mortgage relief bill expected to pass (The Columbus Dispatch)
WASHINGTON --When the Senate returns Monday from its Fourth of July recess, members will try again to pass a stalled package of mortgage relief and reform that could have a major impact on homeowners in Ohio, where foreclosures have become a crisis.
How to Determine if it's Time to Refinance (The Bradford Era)
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
Lenders face challenges as mortgage rates reset this summer (Austin American-Statesman)
The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders to keep those people out of foreclosure and stabilize the housing market.
New Breakthrough "Mortgage Reduction Software" Just Released (PRWeb)
Mortgage reduction software saves homeowners thousands of dollars and builds principal equity in homes without any extra money out of the homeowner's pocket. Service doesn't require any refinancing, home appraisals, credit reports, closing costs, or changing of lenders. Software also works with any existing mortgage. (PRWeb Jul 5, 2008) Read the full story at ...
Arizonans brace for summer mortgage resets (The Arizona Republic)
The number of adjustable-rate mortgage resets is expected to peak this month in Arizona.
Mortgage Brokers as Naysayers (New York Times)
New York?s borrowers could notice a different tone in their discussions with mortgage brokers in coming months.
New Breakthrough "Mortgage Reduction Software" Just Released (PRWeb via Yahoo! News)
Mortgage reduction software saves homeowners thousands of dollars and builds principal equity in homes without any extra money out of the homeowner's pocket. Service doesn't require any refinancing, home appraisals, credit reports, closing costs, or changing of lenders. Software also works with any existing mortgage.
