Refinancing Mortgage Loan

How to tell if now is the time to refinance

When Elaine Chen, a 39-year-old marketing executive in New York, saw interest rates falling in January, she called her mortgage broker to see if she could get a lower rate to finance Manhattan condo. She estimated the lower rate could save her $300 per month. 

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg)

March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.

Home loan demand nudges higher in latest week (Reuters via Yahoo! News)

U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.

Home loan demand nudge higher in latest week (Reuters via Yahoo! News)

U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.

U.S. MBA Mortgage Applications Index Rose 0.5% Last Week (Bloomberg)

March 10 (Bloomberg) -- Mortgage applications in the U.S. rose for a second week, led by an increase in purchases that may indicate the renewal of a homebuyer tax credit is starting to invigorate demand.

Home Loan Demand Nudges Higher in Latest Week (Fox News)

The Mortgage Bankers Association reported mortgage applications increased last week.

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg)

March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.