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Tag Archives: refinancing

Realities of Real Estate: The human side of housing

When we go to a closing, the settlement officer often explains to the buyer the terms of their mortgage and the buyer’s responsibilities regarding their loan. In a nutshell, you usually hear those terms described with this phrase, “If you ...

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Obama offers mortgage relief on Western trip

President Barack Obama is offering mortgage relief to struggling homeowners in hard-hit Nevada and around the country — saying he can’t wait for an “increasingly dysfunctional Congress” to act. The president said Monday that “where they won’t act, I will.” ...

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Rate on 15-year mortgage falls to decades low

WASHINGTON — The average rate on a 15-year fixed mortgage has fallen to its lowest level in decades. Freddie Mac says the rate for the popular refinancing option dropped to 3.54 percent from 3.66 percent the previous week. That’s lowest ...

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