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Tag Archives: refinance

Obama proposes broader housing refinance plan

FALLS CHURCH, Va. — President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth. He conceded ...

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Robert Nusgart: Fannie, Freddie tweaks don’t go far enough (access required)

In the midst of another mini-refinance boom (thanks to the Greek government — again), Fannie Mae and Freddie Mac have announced that they have extended their Home Affordable Refinance Program through the end of 2013. Those good souls at the ...

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Rate on 30-year mortgage falls to record 3.94 pct.

WASHINGTON — The average rate on the 30-year fixed mortgage fell to 3.94 percent this week, the lowest rate ever. For those who can qualify, it’s an extraordinary opportunity to buy or refinance. Mortgage rates could fall even further now ...

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Rate on 30-year mortgage falls to record 4.09 pct.

WASHINGTON — Fixed mortgage rates fell to the lowest level in six decades for the second straight week. But few Americans can take advantage of the historically low rates. Freddie Mac said Thursday that the average rate on the 30-year ...

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Hippodrome’s debt restructured in deal with Md. Stadium Authority (access required)

The Maryland Stadium Authority is restructuring its deal with Baltimore’s Hippodrome Theatre to keep the underperforming venue running and able to compete for shows and events. Lagging ticket sales had forced theater and state officials to find new ways to ...

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Gary S. Williams: Consider goals before refinance (access required)

As the economy recovers, homeowners are faced with the good news/bad news prospect of a better real estate market with the likelihood of higher mortgage interest rates. For many, that leaves three choices — sell, refinance or sit tight with ...

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