Primary reason for refinancing is to pay less interest
Story date: 2008-02-15 12:08:00
Added on: 2008-02-15 06:00:42
Baltimore Sun - You can expect to pay an additional quarter percent in the interest rate if you want a zero-cost refinance," explains Dick Lepre, a senior loan consultant with Residential Pacific Mortgage in San Francisco. One problem some homeowners are having is ...
Read more...
Related Stories:
-
UnionBanCal Corporation Announces Fourth Quarter Results
Forbes - Healthy growth in net interest income -0- *T -- Up 3.1 percent versus third ... 10 percent of total assets...
2008-01-24 02:03:00 -
Recession in 2008? (Farragut Press)
The third quarter of 2007 was an excellent one for the U.S. economy. The Commerce Department reported gross domestic product (GDP) annualized...
2008-01-16 07:56:14 -
Foreclosures at record as household wealth falls
Reuters - While the rate of failing loans swelled across most mortgages, it was led by a growing wave of subprime borrowers...
2008-03-06 12:16:00 -
Past-due loans at thrifts rise 50%
Chicago Tribune - Delinquencies rose to 1.26 percent of single-family mortgages in the second quarter from 0.8 percent in the year ago-quarter....
2007-08-22 06:52:00 -
More New Yorkers in arrears, foreclosure on mortgages (Newsday)
Some 4.52 percent of mortgage borrowers in New York State were behind in their mortgage payments in the second quarter of 2007,...
2007-09-06 11:05:13 -
Local homebuilding down 30 percent in 4th quarter (Houston Chronicle)
New home construction in the Houston area fell 30 percent in the fourth quarter and closings declined 16 percent, according to data...
2008-02-07 02:16:20 -
Earnings quality critical in making stock selections
Chicago Tribune - Like mortgages, company earnings are not created equal. Second-quarter profits of the Standard & Poor's 500 companies rose by...
2007-09-11 03:17:00 -
Subprime woes push foreclosure notices to new high
Seattle Times - The percentage of in-state loans on which foreclosure was started during the second quarter fell slightly to 0.27 percent....
2007-09-07 12:40:00