Home loan demand falls despite interest rate dip (Reuters via Yahoo! News)
U.S. mortgage applications fell for a second straight week, largely reflecting a drop in demand for home refinancing loans, an industry group said on Wednesday.
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.
Mortgage demand falls despite interest rate dip (USA Today)
Mortgage applications fell for a second week, largely reflecting a drop in demand for home refinancing, an industry group said Wednesday.
Mortgage Rates Continue To Trend Lower (CBS News)
30-year mortgages rates fell after two consecutive increases, providing a break for potential home buyers and the housing industry. Freddie Mac reported 30-year, fixed-rate mortgages averaged 6.37 percent this week, down from 6.42 percent last week.
RAMS raises standard variable interest rate (Australian Broadcasting Corporation)
Troubled mortgage lender RAMS says it had no other choice but to pass on another rate rise to its home loan customers.