Refinance Information

mortgage refinance lowest rate   Related Articles   Jobs report eases mortgage rates (Detroit Free Press) WASHINGTON -- Mortgage rates fell this week as a weaker-than-expected employment report eased concerns about inflation. Freddie Mac, the mortgage company, reported Thursday that interest rates on 30-year, fixed-rate mortgages averaged 6.62%, down from 6.67% last week -- the highest level in nearly four years. Loan applications hit new low (Detroit News) Mortgage applications in the U.S. fell last week to the lowest level since May 2002 as higher borrowing costs made it less profitable for homeowners to refinance. Cash-strapped home buyers turn to 50-year mortgages (Minneapolis-St. Paul Star Tribune) When Larisa Meyer, a self-employed graphic artist, decided to buy a house in south Minneapolis, she shopped for a mortgage that would keep her monthly payments as low as possible but still pay down some of the principal. She signed up for a new 50-year mortgage. While the thought of making house payments for a half-century is enough to send some prospective borrowers to the rental want ads, some Five ways to beat rising mortgages (The Edmond Sun) EDMOND — Recent spikes in mortgage rates seem to have slowed the near rampant pace of mortgage lending. But homebuyers and those looking to refinance don’t need to be put off by the recent jump from 45-year record low rates.       mortgage refinance lowest rate resources provided by fightthescam.com

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