Tag Archives: Mortgage Application

Higher Mortgage Rates May Hamper Obama’s Housing Plan

With disappointing results from his foreclosure rescue program and an election year on the horizon, President Obama last fall set his sights on refinancing, specifically helping borrowers who owe far more on their mortgages than their homes are currently worth. … Continue reading

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Rising Rates Threaten Refi Plans

One weekly report does not a trend make, but today’s mortgage application survey should serve up a good dose of reality to all of those state attorneys general and Obama administration officials touting a grand new refinance program for underwater … Continue reading

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Mortgage Rate Spreads Widen

I can’t get off the phone with anyone I know without first having to hear about their particular mortgage story; Okay, maybe that’s an exaggeration, but not that far off. The first I heard this morning was about a mortgage … Continue reading

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