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Today's Mortgage Terms starting with R

Refinancing:

The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

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Broomfield home equity loans news:
Financial News
When Credit-Card Debt Is Better Than Home-Equity Debt - Smart Money
REBECCA WALKER AND her husband were anxious to refinance their adjustable rate mortgage . But a $7,000 home-equity loan (HEL) stood in the way. The Walkers bought their house in 2003 with a 100% mortgage, and now the two debts combined were more than ...

INDUSTRY NEWS & PEOPLE January 2008 - Business Travel Executive
The Association of Corporate Travel Executives (ACTE) has added two new members to its international team: Ronald Kosmahl, director of global education and research, and Kathleen Brannigan, senior director of global communications. Prior to joining ...

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