Mortgage refinancing frenzy has kept homeowners in cash
From their newly parqueted living room on Schooner Lane, the future could not look brighter for Carlos and Terri Pesantez of Charlotte.
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CHARLES LUNAN,
Staff Writer,
10/14/2002 10:55 AM PDT)
30-year mortgages rates hit new low
Rates on 30-year mortgages dropped to a new low this week, offering Americans - who haven't done so - a good reason to jump on the home mortgage refinancing bandwagon.
(
JEANNINE AVERSA,
Associated Press Writer,
10/10/2002 11:24 AM PDT)
How to avoid foreclosure
Don't ignore letters from your lender. If you are having problems making payments, contact your lender immediately. Explain your situation. Be prepared to provide financial information, such as your monthly income and expenses.
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Knight Ridder Newspapers,
10/10/2002 09:27 AM PDT)
What to know if you're trying to scrape up a down payment
As housing prices keep rising, many would-be buyers are scared off. Others take the plunge after digging deep into their savings to make ever-larger down payments.
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BY DIANA MCCABE AND HANG NGUYEN,
The Orange County Register,
10/10/2002 09:26 AM PDT)
Get facts before selling house without a Realtor
Question: My grandmother passed away a year ago, and her estate has been equally divided among her six children - except for the house. They are trying to save money by selling without a broker, but the house has been on the market for two months with no offers at the $192,500 asking price. The children are fighting, and I'd like to make suggestions. What should we do?
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By JEFF BROWN,
Philadelphia Inquirer,
10/08/2002 12:07 PM PDT)
Reverse mortgages gaining in popularity
Baby boomers aren't the only ones jumping on record low mortgage rates and high home values to finance their dreams. Older homeowners dreaming of ways to stay in a home and draw on its value for living expenses, health care or home improvements are also getting in on the action, according to a national group of lenders that make what are known as reverse mortgages.
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By SANDRA FLEISHMAN,
Washington Post,
10/07/2002 10:59 AM PDT)
Many homeowners overextending themselves with cash-out refinancings
It's awfully tempting - all that money tied up in your house. Why let it just sit there? Why not get it out - spend it on a vacation or pay off your credit-card bills?
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BY JEFF BROWN,
Knight Ridder Newspapers,
10/01/2002 08:27 AM PDT)
Mortgage rates dip under 6 percent
Rates on 30-year mortgages dropped this week to another new low.
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09/26/2002 02:31 PM PDT)
30-year mortgage rate at record low
The 30-year U.S. mortgage rate hit a fresh low last week, spurring near-record numbers of applications to refinance home loans, a trade group said Wednesday.
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BY DAN WILCHINS,
Reuters,
09/25/2002 07:44 AM PDT)
Net offers mortgage help, but not complete deal
Instead of visiting a traditional mortgage broker in his hometown, Mike Perez of Salinas opted for the online lending experience, joining a small but growing group of borrowers who say the Internet offers them choice, convenience and competitive pricing.
(
Jennifer Pittman,
SPECIAL TO KNIGHT RIDDER NEWSPAPERS,
09/23/2002 09:49 AM PDT)
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