Mortgage refinancing rises to top of White House agenda

Mortgage refinancing rises to top of White House agenda
By Vicki Needham – 05/11/12 12:38 PM ET Mortgage refinancing takes center stage Friday afternoon as President Obama heads to Nevada, ground zero for the housing crisis and a swing state in the presidential campaign. Obama will make a stop in Reno on …
Read more on The Hill (blog)

Iowa residents catch up on mortgage payments
The number of past due mortgages in the state fell by more than a full percentage point – from 5.82 percent on Dec. 31 to 4.65 percent on March 31. More people are finding jobs, refinance rates are historically low, and home prices seem to be edging up …
Read more on SW Iowa News

How Can I Avoid These Scary Closing Costs?
I tried to refinance with a lender, but the estimated closing cost was almost $ 5000, so I didn't go with the refinance. I have $ 40000 equity in my home, but I am not sure if it is a good idea to borrow against that equity to pay off the mortgage.
Read more on Fox Business

Boom-Era Property Debt Sparks German Apartment Sales: Mortgages
"The main issue facing the larger players is purely refinancing risk on maturity due to the size of their outstanding debt," said Nassar Hussain, founder of London-based real-estate debt adviser Brookland Partners LLP. Concern about the scale of …
Read more on San Francisco Chronicle

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