http://www.mortgage.net Mortgage.net provides information about current mortgage market and real estate. en-us Copyright 2007, Mortgage.net - All Rights Reserved. Saturday, May 17, 2008 PST http://www.mortgage.net http://www.mortgage.net/images/mortgage.gif http://www.mortgage.net/Mortgage_refinancing.html Gerri Willis answers reader e-mails on mortgage refinancing, credit cards limits and investing year-end bonuses. NEW YORK (CNNMoney.com) Question 1: How long do I have to keep my mortgage before I can refinance? - Wayne, PA The short answer is that it depends. You'll need about... 12/16/2007 http://www.mortgage.net/Mortgage_refinancing.html http://www.mortgage.net/The_Fed_and_Mortgage_Rates.html The 1/4 point rate cut by the Fed yesterday was disappointing for two reasons. First analysts had predicted 1/2 point, second and more important to home buyers is that the cut is unlikely to be of help in lowering mortgage payments. Sometimes a fed rate cut will result in lower mortgage rates and... 12/16/2007 http://www.mortgage.net/The_Fed_and_Mortgage_Rates.html http://www.mortgage.net/Senate_Votes_to_Help_Strapped_Homeowners.html By JESSE J. HOLLAND 1 day ago - WASHINGTON (AP) The Senate moved against the worsening mortgage crisis Friday, voting to make it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans. The legislation, approved 93-1, would allow the Federal... 12/16/2007 http://www.mortgage.net/Senate_Votes_to_Help_Strapped_Homeowners.html http://www.mortgage.net/Abbey_agrees_mortgage_rate_cut.html By Jennifer Hill - LONDON (Reuters) - Britain's second largest mortgage lender said on Tuesday it would pass on last week's cut in interest rates to borrowers in full. Abbey said it would cut its standard variable rate (SVR) by 0.25 percent to 7.59 percent from the start of next year. Many deals,... 12/16/2007 http://www.mortgage.net/Abbey_agrees_mortgage_rate_cut.html http://www.mortgage.net/Mortgage_Rates_Rise.html If you're still waiting to refinance that adjustable-rate mortgage, you may have blown it. Mortgage rates rose over the past week from two-year lows, even as the Federal Reserve lowered short-term interest rates again, according to a survey by Freddie Mac (FRE - Cramer's Take - Stockpickr - Rating).... 12/15/2007 http://www.mortgage.net/Mortgage_Rates_Rise.html http://www.mortgage.net/US_Mortgage_Rates.html By Amy Hoak, MarketWatchLast update: 11:23 a.m. EST Dec. 13, 2007 CHICAGO (MarketWatch) -- Mortgage rates reversed course and rose this week on employment data that indicated to some that a recession might not be as likely as previously thought, Freddie Mac's chief economist said on Thursday.... 12/15/2007 http://www.mortgage.net/US_Mortgage_Rates.html http://www.mortgage.net/Greenspan_quotes_Bank_of_Canada.html Alan Greenspan has referenced a Bank of Canada study to help explain why there has been an incredible drop in long-term interest rates since the early 1990s -- a drop which has led to surging asset bubbles that now appear to be popping. The study was referenced in a commentary the former U.S. Federal... 12/15/2007 http://www.mortgage.net/Greenspan_quotes_Bank_of_Canada.html http://www.mortgage.net/US_economy_and_mortgage_rates.html REUTERS - 6:46 a.m. December 14, 2007 - NEW YORK ARM Refi Tips. If you are contemplating a transition from your current adjustable-rate mortgage (ARM) to the stability of a fixed-rate home loan, there are many elements to consider before acting. First on the list is timing. If you are already paying... 12/15/2007 http://www.mortgage.net/US_economy_and_mortgage_rates.html http://www.mortgage.net/Six_lenders_slash_mortgage_rates.html Friday, 14 Dec 2007 17:08 - Six mortgage providers have slashed standard variable rates (SVRs) following last weeks base rate cut with a further 31 making changes, independent figures show. The surprise move by the Bank of England prompted the largest lenders Abbey, Cheltenham & Gloucester,... 12/15/2007 http://www.mortgage.net/Six_lenders_slash_mortgage_rates.html http://www.mortgage.net/Credit_Crunch.html Forget tomorrow, Canadians are already getting hit in the pocketbook by the debt-market crisis, and it could get a lot worse. David Dodge, governor of the Bank of Canada, said this week "Mr. and Mrs. Jones on Main Street" could ultimately be "pulled down" as banks scramble to come up with a deal... 12/15/2007 http://www.mortgage.net/Credit_Crunch.html