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Latest Equity Loan Refinancing news:Taking steps toward refinancing a rental property
I have a rental property that I bought five years ago for $170,000 but now is valued at $120,000. I have a mortgage at 6.75 percent with about $45,000 in equity on the property. I am not in financial difficulty, but I would like to take advantage of low interest rates. Is it possible to refinance my rental home? If so, any tips would be appreciated.
Read more News Source - Washington Post
Publish date - 11:53:02 07/31/10
Taking steps toward refinancing a rental property
I have a rental property that I bought five years ago for $170,000 but now is valued at $120,000. I have a mortgage at 6.75 percent with about $45,000 in equity on the property. I am not in financial difficulty, but I would like to take advantage of low interest rates. Is it possible to refinance... Business and Economy - Real Estate - Property - Oceania - Australia
Read more News Source - Washington Post
Publish date - 19:30:42 07/30/10
‘Free Stimulus’ via Refinancing, Debate Grows
Some argue that refinancing is a slam-dunk economic stimulus.
Read more News Source - Wall Street Journal Blogs
Publish date - 18:18:18 07/30/10
The changes on FHA loans and how they will affect borrowers and sellers
Upfront insurance premium What is it? A fee the Federal Housing Administration collects from borrowers that can be paid in cash at the closing table or rolled into the loan. Federal Housing Administration - Business - United States - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 07:17:21 07/31/10
The changes on FHA loans and how they will affect borrowers and sellers
Upfront insurance premium What is it? A fee the Federal Housing Administration collects from borrowers that can be paid in cash at the closing table or rolled into the loan. Federal Housing Administration - United States - Business - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 11:54:51 07/31/10
Claridge's hotel owner looks to US private equity for help
The owner of Claridge's and The Connaught is close to finalising an emergency £600m restructuring that will see the private US property manager Westbrook Partners become a leading investor in the prestigous hotels group.
Read more News Source - Daily Telegraph
Publish date - 07:13:45 07/31/10
The changes on FHA loans and how they will affect borrowers and sellers
Seller concessions What are they? Contributions that sellers kick in to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions in half, capping them at 3 percent of the home pr... Federal Housing Administration - Business - United States - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 12:01:14 07/31/10
Realty Q&A: What to do with a reverse mortgage if you remarry
If a couple takes out a reverse loan, but then one spouse dies and the survivor remarries, it's time to give the lender a call. Even though reverse mortgages are nonrecourse loans, there are reasons to consider refinancing into a new loan.
Read more News Source - Market Watch
Publish date - 04:11:12 07/30/10
Deutsche Bank Said to Market $350 Million Garrison CLO Boosting Returns
Deutsche Bank AG is arranging a $350 million collateralized loan obligation to refinance existing debt investments managed by Garrison Investment Group LP that would boost leverage and equity returns, according to people familiar with the negotiations.
Read more News Source - Bloomberg
Publish date - 23:48:38 07/29/10
Lower Mortgage Rates May Mean More Refinancing
Mortgage rates are the lowest they've been since Freddie Mac began tracking them in 1971, experts said, and for homeowners thinking about refinancing their home, this may be the time.
Read more News Source - KGTV San Diego
Publish date - 00:26:17 07/30/10
The changes on FHA loans and how they will affect borrowers and sellers
Seller concessions What are they? Contributions that sellers kick in to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions in half, capping them at 3 percent of the home pr... Federal Housing Administration - United States - Business - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 21:31:40 07/30/10
All-Time Low Mortgage Rates: Time To Refinance?
Interest rates keep dipping lower and lower. Find out what it takes to tip the scales toward a refinance.
Read more News Source - Forbes
Publish date - 13:05:40 07/30/10
Home Equity Cashouts Least in Decade
Americans in the 2nd quarter took out $8.3 billion in home equity, the smallest amount in a decade
Read more News Source - BusinessWeek
Publish date - 17:05:06 07/28/10
Fewer tap into home equity
Americans in the second quarter tapped the smallest amount of home equity in a decade, showing households are focused on repairing tattered finances.
Read more News Source - Fort Wayne Journal Gazette
Publish date - 07:08:42 07/29/10
Hedge Fund Sees Risk in Mortgage Bonds After 28% Gain
Metacapital Management LP, the hedge-fund firm run by former Lehman Brothers Holdings Inc. mortgage-bond trader Deepak Narula, returned 28 percent in the first half of this year, boosted by government-backed debt that benefits from limited homeowner refinancing.
Read more News Source - BusinessWeek
Publish date - 21:05:37 07/29/10
30-year mortgage rates at another low
Fixed U.S. mortgage rates set record lows last week for the sixth straight week, keeping affordability high for borrowers who can get loans, home funding company Freddie Mac said Thursday.
Read more News Source - Chicago Tribune
Publish date - 22:19:50 07/29/10
CORRECTING and REPLACING -- Louisiana Bancorp, Inc. Announces Earnings for the Second Quarter and New Stock Repurchase ...
METAIRIE, La. -- In a release issued July 30, 2010 under the same headline for Louisiana Bancorp, Inc. , in the "SELECTED CONSOLIDATED FINANCIAL AND OTHER DATA" table, for the three months ended June 30, 2010, the weighted average shares outstanding used to calculate Basic EPS was stated as 4,042,271.
Read more News Source - GlobeNewswire via Yahoo! Finance
Publish date - 18:09:11 07/30/10
FHLBank Cincinnati Announces Second Quarter 2010 Results
CINCINNATI -- The Federal Home Loan Bank of Cincinnati today released unaudited financial results for the second quarter ended June 30, 2010. During the second quarter, the FHLBank's financial condition remained strong despite ongoing effects from the most recent economic recession and the financial crisis in 2008 and 2009.
Read more News Source - GlobeNewswire via Yahoo! Finance
Publish date - 20:17:22 07/29/10
Narula's Hedge Fund Sees Risk in Mortgage Bonds After Recording 28% Gain
Now the New York-based firm is seeking to protect against one of the “biggest” risks in the $5.2 trillion market for agency mortgage bonds, Narula wrote in a July 22 letter to investors.
Read more News Source - Bloomberg
Publish date - 16:22:57 07/29/10
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