The total dollar volume of refinancing activity in 2009 will be about $1 trillion. In 2003, another year when rates fell, it was $2.8 trillion. (Mortgage applications to purchase houses showed modest improvement for much of the year, but recently fell sharply to their lowest level in 12 yea...
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Already low, mortgage rates get lower; With 30-year fixed-rate mortgages dipping to about 5.25 percent, refinancing and home buying activity should stay strong.(NEWS)Buchta, Jim
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Other lenders might leave you feeling abandoned during the home loan process. At Low VA Rates, we've always got your back with competitive rates, no mortgage insurance, and flexible credit requirements. Get Your Low Rate TodayGet Started ...
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“Last year saw a spike in refinances, but more than 2 million low-income families did not take advantage of the record low mortgage rates by refinancing,” said Mark Calabria, FHFA director. “This new refinance option is designed to help eligible borrowers who have not already refinanced sa...