Reverse mortgages can be good source of money for elderly homeowners - ABC15.com (KNXV-TV)

ABC News

Reverse mortgages can be good source of money for elderly homeowners ABC15.com (KNXV-TV), AZ - 1 hour ago While reverse mortgages are not suitable for everyone, low interest rates and rising home prices make them particularly attractive right now for those who ... A Rush Into Refinancing as Mortgage Rates Fall New York Times Paulson Considers New Plan to Resuscitate US Housing Market Bloomberg US Eyes Plan to Lift Home Sales Wall Street Journal San Jose Mercury News - Inman.com all 616 news articles

Home equity loan avoids fees of refinancing mortgage - ABC15.com (KNXV-TV)

Home equity loan avoids fees of refinancing mortgage ABC15.com (KNXV-TV), AZ - 1 hour ago To get one, you must have equity in the home - that is, the home must be worth more than the remaining debt on it. Interest rates on home equity loans are ...

2nd UPDATE: Builders Trade Higher, Fueled By Treasury Plan - CNNMoney.com

2nd UPDATE: Builders Trade Higher, Fueled By Treasury Plan CNNMoney.com - 3 hours ago This plan doesn't appear to tackle that, nor does it address the swelling number of homeowners with negative home equity, Levin pointed out. ...

Mortgage applications up 112.1% last week, due to drop in rates: MBA - MarketWatch

Post Chronicle

Mortgage applications up 112.1% last week, due to drop in rates: MBA MarketWatch - Dec 3, 2008 Example: A 3% interest rate reduction on a $100000 principal mortgage would save the borrower $3000 per year. What kind of purchasing power would this alone ... UPDATE 1-US mortgage applications post largest gain ever Reuters Mortgage Apps On Rise As Rates Drop CBS News Mortgage applications more than double CNNMoney.com U.S. News & World Report - Cincinnati.com all 148 news articles

UPDATE 1-Bernanke says need to do more to halt foreclosures - Reuters

ABC News

UPDATE 1-Bernanke says need to do more to halt foreclosures Reuters - 3 hours ago Those purchases could bring down the interest rate for those loans, currently around the relative high rate of about 8.0 percent, but would require Congress ... Desperate Times, Desperate Policies Forbes US Fed demands foreclosures push BBC News Op-Ed: Fed Throws Refinancing Party; No One Shows Up Minyanville.com all 1,126 news articles