Refinance Topics

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Refinance Word of the Day

The Refinance Word of the Day is Second Trust Loan. Second Trust Loan in context to Refinance means:

An alternative to private mortgage insurance, also known as a “piggyback loan.” The most common type is an 80/10/10 where a f ... Read More

Refinance News

Bond sale mulled to refinance debt (Gulf Daily News)
DUBAI: Qatar Islamic Bank, the country's second-largest lender by market value, is considering selling Islamic bonds worth $300 million to refinance existing debt, two bankers said yesterday. Read More

U.S. MBA's Mortgage Applications Index Fell 1.5% (Update1) (Bloomberg.com)
The Mortgage Bankers Association's index of applications to buy a home or refinance a loan dropped 1.5 percent from the prior week to 419.3. The group's purchase index fell 0.4 percent and its refinancing gauge slumped 3.7 percent. Read More

U.S. MBA's Mortgage Applications Index Fell 1.5% Last Week (Bloomberg.com)
Aug. 20 (Bloomberg) -- Mortgage applications in the U.S. declined last week to the lowest level since December 2000 as fewer homeowners sought to refinance their mortgages. Read More

Links We Like (Fox 12 Oregon)
Having trouble shedding winter flab? We can help get you back into (or just into) shape, and find workouts that work for you! More With mortgage rates still near historic lows, now may be a good time to refinance. Fixed rates as low as 6.0%. *See terms. Read More

Buyers, brokers face new barriers (Denver Post)
Jeff Jaye, a mortgage broker in northern California, used to rely on homeowners looking to refinance their loans for more than two-thirds of his business. Today, he rarely bothers with those applications because he knows most homeowners can't qualify for a new loan. Read More

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