Why You Should Refinance Now If You Have an Adjustable Rate Mortgage (Benton Evening News)
(ARA) - If you took out a mortgage on your home between 2002 and 2005, chances are good you ended up going with an adjustable rate mortgage or ARM. Back then, it was just too good of a deal to pass up.

Refinance Now to Avoid your ARM rate Increase (Richfield Reaper)
(ARA)- The effects of refinancing your mortgage can be dramatic, since it's a tool you can use to improve your financial situation. To take best advantage of it, look at where you are and assess your needs. Then explore the market.

Five Things You Need to Know: E "Wait and" CB Holds Rates Steady; Bush Urged to Appoint Mortgage Czar (Minyanville via Yahoo! Finance)
The European Central Bank held its benchmark interest rate steady at 4%.

QUESTION OF THE DAY (Daily Telegraph)
A reader writes: My partner and I are currently at loggerheads about the best use of our savings. We have about ?0,000 dotted around various Isas, Peps and savings accounts. My partner would like to continue with our interest-only mortgage. I, on the other hand, want to use the money to pay off part of the outstanding mortgage, switch to repayment and overpay to get rid of the debt. We are both ...

How to Determine if it's Time to Refinance (Benton Evening News)
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?