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No Fee Mortgage Refinance

Foreclosed properties may get fee  Summit County wants to impose a $200 fee on foreclosed properties purchased at sheriff's auctions. The fee �� expected to raise more than $400,000 a year �� would help pay for the increased workload on sheriff's deputies investigating mortgage fraud and consumer affairs workers dealing with foreclosures.

Lower mortgage rates cause jump in refinance applications  Many homeowners sought to take advantage of lower interest rates and refinance their mortgages last week, causing the total volume of mortgage applications filed to jump a seasonally adjusted 33.4% compared with the week before, according to the Mortgage Bankers Association��s weekly survey.

Fickle Mortgage Market Demands Quick Decisions  Just about anyone who cares knows that interest rates on a 30-year, fixed-rate mortgage have dropped recently.

Stocks rally on plan for mortgage giants  NEW YORK �� Stocks rallied Monday as investors placed bets that a recovery in the financial and housing sectors is more likely to occur following the U.S. government��s move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained nearly 300 points.

Mortgage rates fall for fifth straight week  Rates on 30-year mortgages dropped sharply again last week, falling to the lowest level in seven months, as rates continue to decline after the government's dramatic takeover of mortgage giants Fannie Mae and Freddie Mac. Freddie Mac reported that its...

Treasury Seeks Authority to Buy $700 Billon in Mortgage Assets   Sept. 20 -- The Bush administration asked Congress for unchecked power to buy $700 billion in bad mortgage investments from U.S. financial companies in what would be an unprecedented government intrusion into the markets.

Applications to refinance mortgages surge  Refinance applications jump 88% from prior week as 30-year fixed-rate mortgage drops to 5.82%.

Texas Mortgage and Refinance Launches New Website   Texas Mortgage and Refinance, an experienced mortgage brokerage firm, launched its new company website in July of this year

White House asks Congress for $700 billion mortgage bailout  The Bush administration on Saturday asked Congress for $700 billion in taxpayer money to get bad mortgage assets off the books of troubled financial institutions in a bid to end the U.S. economy's most serious financial crisis since the Great Depression, according to a draft of proposed legislation circulating in the capital.

Down-payment demands rise as mortgage rates drop  The government takeover of Fannie Mae and Freddie Mac has sent mortgage rates tumbling, but many lenders last week also raised the minimum down payment they'll allow on a loan.