Home Equity Loans Refinancing

Obama proposes home loan refinancing plan

Obama proposes home loan refinancing plan

Obama proposes new home loan refinancing plan

The Obama administration on Wednesday detailed its latest plan to help millions of homeowners refinance their mortgages to today's historically-low rates.

Obama details home refinancing plan

FALLS CHURCH, Va. (AP) — 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 that his administration's housing plans so far have not lived up to their promise. read more

What Low Interest Rates Really Mean For Your Savings And Home Loans

My, how things have changed. In the old Alan Greenspan days, the Federal Reserve's plans for interest rates were a mystery enveloped in a fog. Now, under Ben Bernanke , the Fed has become so open that it has already announced plans to keep rates low through late 2014.

Coming to terms: Prime rate, catalysts

It matters because many other interest rates, such as those for mortgages, home-equity loans, credit cards and other business loans, take their lead from the prime rate.

85 Percent of Refinancing Homeowners Maintain or Reduce Mortgage Debt in Fourth Quarter: 26-Year High

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. ...

Return of the traditional mortgage

VOLATILE investment markets and shaky property values are making line-of-credit loans less popular and potentially harder to unwind for those who have one.