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Posted: February 3rd, 2012, 3:09am EST
Security America Mortgage, Inc. extends the mortgage lending industry standards by providing the lowest interest refinance rates on jumbo VA loans and general VA home loans for all United States Veterans.FL, TX, CO, OK, AR, NC, CA (PRWEB) February 03, 2012 Security America Mortgage, Inc. put a high value on the happiness of all American Veteran and Military War Heroes. Recently, the company ...
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Posted: February 2nd, 2012, 3:10pm EST
Freddie Mac said that 85 percent of borrowers refinancing mortgages in the fourth quarter either maintained about the same amount or lowered principal balance by paying in money at closing - a 26-year high.
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Posted: February 2nd, 2012, 1:00pm EST
MCLEAN, Va., Feb. 2, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC.OB - News) released the results of its fourth quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house. ...
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Posted: February 2nd, 2012, 4:58am EST
FALLS CHURCH, Va. - Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a possibility for millions of borrowers who have not been able to get out from under burdensome mortgages.
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Posted: February 2nd, 2012, 3:46am EST
Being a homeowner offers big tax advantages, not the least of which are perks related to that mortgage you pay every month.
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Posted: February 1st, 2012, 11:52pm EST
The Obama administration on Wednesday detailed its new proposal to let some homeowners with mortgages not owned by Fannie Mae or Freddie Mac refinance into a new loan backed by the Federal Housing Administration, even... Presented By: Chicago Booth Business Forecast Ads by Pheedo
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Posted: February 1st, 2012, 7:24pm EST
The proposal, aimed at borrowers who haven't been able to refinance under low interest rates, would be funded by a fee on the nation's largest banks and would require congressional approval.
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Posted: February 1st, 2012, 2:34pm EST
President Barack Obama called on Wednesday for an expanded homeowner refinance program that would lift restrictions for more borrowers, representing another government effort to aid the ailing housing market.
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Posted: February 1st, 2012, 12:17pm EST
President 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.
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Posted: February 1st, 2012, 11:34am EST
At today's rates, refinancing a rental has its advantages. Weigh these reasons before doing it.
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Posted: February 1st, 2012, 8:21am EST
The nation's housing crisis is damaging not only the U.S. economy, but also what it means to be middle class in America, President Obama said Wednesday, urging Congress to allow new federal loan guarantees for homeowners looking to refinance.
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Posted: January 31st, 2012, 7:42pm EST
Security America Mortgage, Inc. announced the new San Antonio Website that was just recently launched, which features location specific data on the website including VA Loan Services, interest rate deals, with demographic relocation information, VA facilities, and many VA Loan Financial options for mortgage refinance.San Antonio, Texas (PRWEB) January 31, 2012 Security America Mortgage, Inc. now ...
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Posted: January 31st, 2012, 7:13pm EST
CALABASAS, CA-- - For many homeowners, government programs such as the Home Affordable Modification Program have been supremely helpful in getting their mortgage obligations to a more affordable level ...
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Posted: January 31st, 2012, 9:46am EST
GLOBE Telecom on Friday said it has secured a fresh loan from Banco de Oro Unibank Inc. to refinance existing debts and fund next year’s capital expenditures.
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Posted: January 30th, 2012, 4:00pm EST
Because of a Freddie Mac rule, Bonnie and Jay Silverstein of Bucks County say they're in "financial jail" - unable to refinance their home loan. And according to a disturbing story by the nonprofit Pro Publica and NPR, Freddie Mac profits from keeping them there.
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Posted: January 30th, 2012, 3:52pm EST
It's not easy to refinance your mortgage when you have equity debt. Here are the options.
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Posted: January 29th, 2012, 1:55pm EST
New mortgage policies in the works to help homeowners prevent foreclosures and possibly refinance, but fees for new mortgages are about to go up.
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Posted: January 29th, 2012, 6:43am EST
Dear Dr. Don, My wife and I have a mortgage balance of about $60,000. Our principal and interest expense is about $1,000 per month. We're about eight years into a 15-year mortgage.
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Posted: January 28th, 2012, 6:43am EST
Dear Dr. Don, My wife and I have a mortgage balance of about $60,000. Our principal and interest expense is about $1,000 per month. We're about eight years into a 15-year mortgage.
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Posted: January 27th, 2012, 6:42am EST
Dear Dr. Don, My wife and I have a mortgage balance of about $60,000. Our principal and interest expense is about $1,000 per month. We're about eight years into a 15-year mortgage.
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Posted: January 26th, 2012, 4:57pm EST
You could cut your interest and loan costs by prepaying but at today's rates, why not refi?
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Posted: January 26th, 2012, 6:44am EST
Dear Dr. Don, My wife and I have a mortgage balance of about $60,000. Our principal and interest expense is about $1,000 per month. We're about eight years into a 15-year mortgage.
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Posted: January 26th, 2012, 3:28am EST
The Obama administration plans to unveil in the next few weeks a new proposal to let homeowners who are current on their mortgage refinance quickly and easily, even if they owe more than their homes are worth and their...
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Posted: January 26th, 2012, 12:41am EST
The Obama administration plans to unveil in the next few weeks a new proposal to let homeowners who are current on their mortgage refinance quickly and easily, even if they owe more than their homes are worth and their...
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Posted: January 25th, 2012, 1:00pm EST
Most mortgage-backed securities fell on Wednesday after President Barack Obama pushed ahead with plans for a far-reaching program to expand residential loan refinancing.
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Posted: January 25th, 2012, 12:05pm EST
President Obama said Tuesday night he would send a plan to Congress to allow all homeowners who are current on their mortgages to refinance. Heres a quick look at the proposal:
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Posted: January 25th, 2012, 10:39am EST
Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, is asking bondholders to refinance as much as $1.1 billion of bonds in an exchange offer as part of a deal to restructure a bank credit line maturing in March.
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Posted: January 25th, 2012, 3:00am EST
Dear Dr. Don,I have a rental property that has a mortgage balance of $36,000 and five years left before it is paid off. The rental income covers the mortgage and management fees with the exception of about ...
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Posted: January 23rd, 2012, 9:59pm EST
In New York City alone, nearly $70 billion worth of commercial mortgages that were issued as collateral for bonds in 2007 are maturing this year.
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Posted: January 23rd, 2012, 4:17pm EST
The Syracuse Industrial Development Agency has cleared the way for a new financing deal on the Destiny USA project.
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Posted: January 23rd, 2012, 10:39am EST
LONDON, Jan 23 (Reuters) - Oil and metals commoditytrading group Trafigura has launched syndication of a$600 million loan that will refinance existing debt, bankingsources said on Monday. The 364-day loan ...
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Posted: January 22nd, 2012, 6:43am EST
Dear Dr. Don, I owe $47,000 on my mortgage. I believe I have 12 years left at 5.375 percent interest. Should I refinance to a 10-year fixed-rate mortgage, refi to a 5/1 ARM, or make extra monthly or yearly principal payments?
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Posted: January 22nd, 2012, 3:43am EST
Mortgage broker: Mary Anne S. Daly, senior mortgage adviser, Pacific Mortgage Consultants. Property type: Single-family residence in Saratoga. Appraised value: $1 million. Borrowing amount: $775,000. Loan: 30-year fixed...
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Posted: January 20th, 2012, 10:03am EST
Snag Lower Rates With Serial Refinancing? Dear Dr. Don, Is there any reason not to refinance a mortgage multiple times within a year, provided it comes at no cost? That would mean absolutely no fees, and we would only have to pay for the prepaid interest, insurance and transfer costs.
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Posted: January 20th, 2012, 2:29am EST
A federal program geared toward helping homeowners refinance their home loans is going to get more attractive to borrowers next month, but bank officials will decide whether to participate in the program.
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Posted: January 19th, 2012, 6:02pm EST
CHARLESTON, W.Va. -- Members of the West Virginia Economic Development Authority on Thursday agreed to refund two bonds for the Diamond project in a plan to save the state $345,000 a year because of lower interest rat...
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Posted: January 19th, 2012, 4:53pm EST
LAS VEGAS, Jan. 19, 2012 /PRNewswire/ --The Mark A. Baker Team, an experienced mortgage origination firm, to launch new company website, www.NevadaHARP.com, to help Nevada homeowners determine if they ...
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Posted: January 19th, 2012, 11:25am EST
Q. I have read your columns about the Fed's decision to revamp the Home Affordable Refinance Program (HARP) and have not seen anything since early December. Can you give us an update? A. It appears that the lenders are very slow to adopt the new policies of HARP. For those ...
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Posted: January 19th, 2012, 10:46am EST
If you buy apparel from "big and tall" clothing stores, you're used to paying more and having less to choose from. "Regular guys," on the other hand, benefit from a wider
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Posted: January 19th, 2012, 6:05am EST
SINGAPORE, Jan. 19, 2012 /PRNewswire-Asia-FirstCall/ -- China Yuchai International Limited (NYSE: CYD - News) ("China Yuchai" or the "Company"), announced today that its wholly owned subsidiary ...
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Posted: January 19th, 2012, 3:55am EST
If you buy apparel from "big and tall" clothing stores, you're used to paying more and having less to choose from. "Regular guys," on the other hand, benefit from a wider selection of products and more competition between retailers.
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Posted: January 19th, 2012, 2:13am EST
The city council has approved a plan that's expected to pay off the remaining debt on its police department building several years ahead of schedule. The action came during a special meeting Jan. 10.
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Posted: January 18th, 2012, 8:04pm EST
Mortgage loan applications surged 23% last week, according to the Mortgage Bankers Association, as record-low interest rates convinced many homeowners it was time to refinance into lower-cost loans.
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Posted: January 18th, 2012, 8:34am EST
The Refinance Index increased 26.4 percent from the previous week to its highest level since August 8, 2011. The seasonally adjusted Purchase Index increased 10.3 percent from one week earlier to its highest level since December 12, 2011.
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Posted: January 17th, 2012, 3:04am EST
MUMBAI, INDIA: Reliance Communications said on Tuesday it has secured loans from a host of Chinese banks to refinance $1.18 billion worth of outstanding foreign currency bonds due for redemption on March 1.
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Posted: January 17th, 2012, 1:10am EST
REUTERS - Reliance Communications said on Tuesday it has secured loans from a host of Chinese banks to refinance $1.18 billion worth of outstanding foreign currency bonds due for redemption on March 1. The deal will provide respite to the No. 2 Indian mobile operator by subscribers, controlled by billionaire Anil Ambani, that has been trying for more than a year to sell its telecoms tower unit ...
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Posted: January 17th, 2012, 12:00am EST
Reliance Communications, India's second-largest mobile phone carrier by subscribers, said on Tuesday it has tied up refinancing for outstanding foreign currency convertible bonds of $1.18 billion.
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Posted: January 15th, 2012, 6:58am EST
Unfortunately, while a refinance could save you money each month, it could have an impact on your bankruptcy.
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Posted: January 15th, 2012, 4:59am EST
Mortgage broker: David Cary, California Mortgage Advisors, Sausalito Property type: An owner-occupied single-family residence in San Anselmo Appraised value: $1.698 million Borrowing amount: $1.256 million Loan type:...
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Posted: January 14th, 2012, 10:53pm EST
New eligibility requirements for the "Making Homes Affordable" Program or HARP, will allow thousands who were unable to refinance before, do so now.