Refinancing homeowners are going short Many customers take 30-year loans down to 15 or 20

Thursday, August 19th, 2010

After being blindsided by a job loss last spring, sales exec Ren Chirakos didn’t need his new MBA degree to calculate the scary numbers: The math got simple real fast.

Refinancing applications at 15-month high

Wednesday, August 18th, 2010

Refinancing applications at 15-month high http://t.co/oTWG9o7

Mortgage applications leaped last week as rock-bottom rates lifted demand for home refinancing loans to its highest level in 15 months, the Mortgage Bankers Association said.

Wednesday, August 18th, 2010

Home refinancing demand hits 15-month high
‘There is a feeling that we are at, or very close to, the bottom’

The wasted 4.44% mortgage rate but not in Crested Butte

Monday, August 16th, 2010

The wasted 4.44% mortgage rate money.cnn.com In another failed stimulus effort, the temptingly low rates are still unattainable for too many homeowners, making this the refinancing boom that wasn’t. Read More.