McLean, VA - August 19, 2010 - (RealEstateRama) — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), and for yet another week, the fixed-rate mortgages reached another ...

as historically low mortgage rates continue to draw borrowers into the market," he said in a statement. Fixed 30-year mortgage rates hovered just above the lowest rates since the MBA started record keeping in 1990,

as historically low mortgage rates continue to draw borrowers into the market," he said in a statement. Fixed 30-year mortgage rates hovered just above the lowest rates since the MBA started record keeping in 1990,

... Bloomberg) -- The number of mortgage ... current rate, monthly payments for each $100,000 of a loan would be about $507, or $32 less than a year ago when the rate was 5.03 percent. The average rate on a 15-year ...

higher rates should push home prices down. Yet compare the national median home price to 30-year fixed mortgage rates over the last three decades (with both indexed to 1 in 1971): It’s not easy to see much of a ...

... choosing to pay down their mortgages at a faster rate -- even if it means a substantial jump in their monthly payments. From January through June, 26% of homeowners who refinanced chose a 15-year fixed-rate ...

The rate was the lowest reported reported since Zillow Mortgage Marketplace launched in April 2008. The 30-year fixed mortgage rate hovered ... Data is a real-time snapshot *Data is delayed at least 15 minutes

... dividends that exceed bond yields than any time in at least 15 ... average rate in credit markets, based on data since 1995 compiled by Bloomberg and Bank of America Corp. While Johnson & Johnson sold 10-year ...

... average rate for a 30-year fixed loan was 4.32 percent this week, down from 4.36 percent last week, mortgage buyer Freddie Mac said Thursday. That ... the Mortgage Bankers Association announced Wednesday.

U.S. mortgage rates fell to a record, extending a two-month tumble in borrowing costs for homebuyers as property demand slumps. The average rate for a 30-year fixed mortgage dropped to 4.36 percent in the week ...

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I am sorting out a mortgage as a first time buyer. There are arrangement fees of £995 if I go for the 2 year mortgage its £60 cheaper a month than the 3 year one?? But will I be able to get a fixed rate mortgage with a rate as low as the one I have found in 2 years. I have a 15% deposit so the rates are already quite high....

I can get a 15 year fixed mortgage for around 4%, my current rate is 5.785%. I now pay $2,000/mo which includes a $550/mo real estate tax escrow. If I refi. to the 15 year mortgage my total mortgage with escrow will be approx $2,300/mo. I am about to pay off my only car loan which is $300/mo so I can comfortablely afford $2,300/mo. But I won't have as much to save for my 2 kids (7 mos. and 21 mos.) for college. I could refi. at around 4.25% for a 30 year loan which would make my monthly pmt $1,700 with escrow. So should I try to pay my house off ASAP so I don't have a mortgage by the time they go to college, or do a 30 year fixed, and save that extra $600/mo for the education? I figured I could invest in a 503b or something with that money. Unless there are better options to invest/grow/save for their college education. I am 37 now, so if I pay off my house with a 15 year loan I will be 52. I can still save some money for college for them every month with a 15 year loan, $100-$200/mo, but not $500-$600/mo I could do with a 30 yr fixed. Thanks.I am 5 years into my 30 year fixed mortgage.The refi will cost $3,000 according to my mortgage guy I can tack on to the loan, or pay it up front, but I'll most likely just tack it on.Please don't SPAM me with lenders. I am all set there, will ignore you, and report your spam as abuse. Thanks.

Hey, So in November 2008 I took out a 14 day trial of Orange Mobile Broadband (the USB Dongle) through Phones 4 U. I found, over the first 7 days, that I wasnt getting a very good reception. I took it back and got a replacement. This one got low reception too. I cancelled the trial on the last day. End of story, right? Well it should have been. However Orange apparently didnt receive the cancellation, and continued billing me. After the first bill I went into the Phones 4 U store and told them what had happened. They looked it up on their system - there it was, clear as day, cancellation date of 2nd December. I seem to remember they told Orange at this point, and said not to worry about it. So one reminder to pay this bill (threatening to disconnect and affect my credit rating) and one bill later (now owing > £38) I went back and complained again. Pretty much same thing happened. Eventually, one more reminder / threatening letter and bill later, I paid the bill and got paid back for it by Orange. End of story, or so I thought... A week ago I tried to apply for a credit card. It was turned down due to my credit report. I looked up my credit report and guess what? Orange had affected my credit report despite it not being my fault. I complained to Orange by email straight away and got a reply yesterday. I was told to write a letter to Experian (with a £2.50 cheque - yes Orange are telling me to pay to correct THEIR mistake!! What an insult!!). I signed up to Experian and in the FAQs I noticed it said to ask the organisation involved to correct data if its wrong. I wrote a stroppy reply back to Orange saying that I had been advised completely the opposite of what I should have done and threatened to go to OfCom if this is not fixed immediately. I got a reply back within about 15 minutes saying to write to Orange Credit Referral Debt with a copy of the "file" (assuming they mean a printout of the credit report). I really strongly feel that I should ask for compensation for the amount of stress they have caused over the past 22 months (thats right - a 14 day FREE trial is still affecting me 22 months on!!). My parents both feel different about it - they think I should just regard it as a lesson, get all the damage undone and move on. What do other people think? Should I ask Orange for some kind of compensation (like 10 months free on my £10 per month phone contract that I still have with them, or £100 cash or something), take them to court for damages to my reputation or just leave it and move on? Are there any Orange employees on here that could tell me what they may be able to offer in compensation? Please bear in mind that, if I hadnt tried to apply for a credit card, I couldve been refused for a mortgage, graduate overdraft, loan or any other finance I may need in the first few years of my working life. This could have affected me drastically, and still could if they dont pull themselves together and get something done about this soon... Many thanks in advance. Regards, Richard PS if anyone can think of a better category for this then please change it if you can...Up until February, since September 2006, I was on at least £30 a month contract. I tried to leave in Feb and they gave me an awesome contract for the same deal at £10 a month (£25 less than I was paying at the time). I doubt I'll get offered the same deal any time soon so I took it without even thinking about it. In the scheme of things, bearing in mind that on > £30 a month they have made > £1230 out of me, I think they owe me something as a loyal customer... I called customer services this morning - the woman first said to go to Phones 4 U, to which I marginly raised my voice and said it was Oranges fault, and Phones 4 U have had nothing to do with it since they paid off my bill. She said to go to Experian and pay £2.50 (that insulted me and is wrong anyway - I said so, but not too loudly). She then said to contact the referrals email address with my credit report. I did this and asked for a bit of compensation then. Finally getting somewhere. Will post any more updates on here.Helen - thanks for the advice but, thankfully, my situation is not THAT desperate. I have parents and brothers I can fall back on if I absolutely have to. Its more the principle that I want the compensation for - the fact that the situation could have been a lot worse, had I decided not to apply for that credit card after all (I was sat on the fence about it when I suddenly decided to press Submit!). I have enough to get by, but with that mark on my record I may not be able to get a place to live or get enough money to survive the first couple of months in my first job if it doesnt get fixed soon. Anyway someone from Experian is on the case too - we are both pestering Orange to do something about it. Hopefully get it sorted out this afternoon or by the end of the week at least. RichardThanks for the information Charterman - very very useful. I will use this as a large resort. In fact if they either dont fix it or they do fix it but dont give me any compensation I will drop him an email requesting compensation (maybe threaten to go to Ofcom or the Daily Mail unless I receive compensation for the stress caused and damages to my reputation - but that does sound a bit like blackmail, doesnt it?). I will give them until Tuesday (i.e. 5 working days after my last email) to put this right. I have an exam (my final one!!) on Tuesday so it kinda makes sense leaving it till then. Will post back here to let people know how I am doing.Ok, so I was revising for my exam but getting increasingly frustrated by this situation. So I have sent Tom Alexander an email explaining the situation and finishing it with something about having a contact in the Daily Mail who I may use if I am not satisfied by the outcome of the situation. I have also said that I WILL be leaving in that case - and nothing anyone can say or offer me at the time of leaving will change my mind. Just gotta hope he gets back to me soon. I have marked it as High priority and requested a read receipt. RichardWell I just had an interesting phone call - from Sam from Orange Executive Office. I wonder if they all have 3 letter names.. He was just checking on how things were going. I had an email this morning from Referrals saying that they had removed all details of that account from my credit record but, due to the nature of the problem and their t's and c's, they could not compensate me anything. I apologised in case I had come across as stroppy at all and explained that I am about to sit my final exam and I have been ill recently, so I have good reason to be stressed out. Sam gave me a phone number to go straight through to his desk should I have any more problems with this case. He said he completely understands if I am angry about the situation and that it shouldnt have happened, but that Phones 4 U are at fault. They refunded me £40 to go towards the phone calls I have had to make as a result of this, for being a loyal customer. Thanks all for the advice. Regards, Richard

http://archives.clintonpresidentialcenter.org/?u=102397-vp-announces-record-homeownership-level.htm http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html http://www.presidency.ucsb.edu/ws/index.php?pid=51448 October 23, 1997 (From the Clinton Archives) In 1994, President Clinton, along with the National Partners in Homeownership, set a goal for the nation to achieve an all-time high homeownership rate by the year 2000. Today -- a full three years early -- the Census Bureau reported that in the third quarter of 1997 the homeownership rate climbed to its highest level ever. Here are some of the results from the Census report, as well as other housing-sector statistics: In 1995, at the request of President Clinton, the Administration convened the National Partners in Homeownership to carry out a National Homeownership Strategy Lowered Closing Costs By $1,200 for Qualified First-Time Home Buyers. The Clinton Administration has cut FHA home mortgage insurance premiums four times In 1999, under pressure from the Clinton administration, Fannie Mae, the nation's largest home mortgage underwriter, relaxed credit requirements on the loans it would purchase from other banks and lenders, hoping that easing these restrictions would result in increased loan availability for minority and low-income buyers. Putting pressure on the GSE's (Government Sponsored Enterprise) Fannie Mae and Freddie Mac, the Clinton administration looked to increase their sub-prime portfolios, including the Department of Housing and Urban Development expressing its interest in the GSE's maintaining a 50% portion of their portfolios in loans to low and moderate-income borrowers.[9] Fannie Mae Eases Credit To Aid Mortgage Lending WASHINGTON, Sept. 29, 1999 — In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. ***** Fannie Mae officials say they hope to make it a nationwide program by next spring. ****

The Subprime Mortgage Crisis Created our Economic Mess October 23, 1997 (From the Clinton Archives) In 1994, President Clinton, along with the National Partners in Homeownership, set a goal for the nation to achieve an all-time high homeownership rate by the year 2000. Today -- a full three years early -- the Census Bureau reported that in the third quarter of 1997 the homeownership rate climbed to its highest level ever. Here are some of the results from the Census report, as well as other housing-sector statistics: In 1995, at the request of President Clinton, the Administration convened the National Partners in Homeownership to carry out a National Homeownership Strategy Lowered Closing Costs By $1,200 for Qualified First-Time Home Buyers. The Clinton Administration has cut FHA home mortgage insurance premiums four times http://archives.clintonpresidentialcenter.org/?u=102397-vp-announces-record-homeownership-level.htm In 1999, under pressure from the Clinton administration, Fannie Mae, the nation's largest home mortgage underwriter, relaxed credit requirements on the loans it would purchase from other banks and lenders, hoping that easing these restrictions would result in increased loan availability for minority and low-income buyers. Putting pressure on the GSE's (Government Sponsored Enterprise) Fannie Mae and Freddie Mac, the Clinton administration looked to increase their sub-prime portfolios, including the Department of Housing and Urban Development expressing its interest in the GSE's maintaining a 50% portion of their portfolios in loans to low and moderate-income borrowers.[9] http://en.wikipedia.org/wiki/Subprime_lending Fannie Mae Eases Credit To Aid Mortgage Lending WASHINGTON, Sept. 29— In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. ***** Fannie Mae officials say they hope to make it a nationwide program by next spring. *** http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html

I'm thinking about refinancing my 15 Year Fixed Rate. Our rate is currently at 5.3%. My gut feeling tells that it will probably get lower than what it is now but I don't know what to do. Do you think I should refinance or wait a bit longer? 15 Year Fixed Rate Rate APR Points 3.875% 3.956% 0.003%

Here is my scenario, let me know If I am thinking wrong: - I brought a town home last year - Home price is 200K - I have put 20% down (40K) - My mortgage debt was 160K last year - I had taken 15-year fixed mortgage for 5% APR - I had seen 5 year ARM rates last year sometime around 3.75%, I did not opt for this. - From last year I have been paying my mortgage payment every month. - I had paid extra sum towards principal around 30K My question is: 1) Let's say I keep adding some amount to the principal and pay off my full mortgage debt within 5 years. Now at the end of 5 years, if I check as what rate of interest I had paid to my lender, will I be knowing ? 2) I had choosen the 15 yr fixed, just to be on the safe side, if things change up-side down,I am better of staying in the 15yr fixed rate (5% APR). But if things go well and I keep adding more amount to principal , I could pay of the debt in 5 yrs. Does it make sense to stay in 15 yr fixed and pay off principal -if I am capable of ? all I wanted to know is if I stay in this plan and pay off my mortgage in 5 years, I will still be paying 5% APR at the end of 5 years, and wouldn't save 1.25% ( 3.75% APR- 5 year ARM) ?

we have a fixed rate of 6.9 which is coming to a end in sept, we phoned up today for a new deal and have been told we can only be offer a standard varaible rate of 4.2 We used to have 15% equity but have been told it has dropped and dont have enough equity for a new fixed rate , Can any one inform me how this will effect my payments we currenty paying £507 on £85,000 mortgage with 32 years left, also how does this varaible rate work at 4.2 % if rate rise ????sorry is coming to an end in sept 2010

- i brought a house last year for $220K - i paid 20 % down - I got a 15 yr fixed loan - I got 4.75% - Its 4.99% APR Now recently I have seen 15 yr fixed rate go down to 4.09 - 4.15% in news paper. 1) Does it make sense to refinance to get the lower rate ? 2) Can I talk to my own bank (wellsfargo) where I currently have mortgage to see if they can lower my rate ? 3) Can we really do a refinance for a lower rate with $0 closing costs ? or its just a catch ? 4) I don't want to spend a penny and would like to do a refinance for a lower rate with any other bank ? is it possible ?

Question No: 1 - Please choose one The accounting definition of income is: Income = Current Assets Current Liabilities Income = Fixed Assets Current Assets Income = Revenues Current Liabilities Income = Revenues Expenses Question No: 2 - Please choose one What would be the capital spending for an organization who has purchased fixed assets of Rs. 200,000 and sold fixed assets of Rs. 45,000? Rs. 245,000 Rs. 200,000 Rs. 155,000 Rs. 45,000 Question No: 3 - Please choose one Selected information from SNT Company's accounting records is as follows: o Cash paid to retired common shares Rs. 15,000 o Proceeds from issuance of preferred shares Rs. 20,000 o Cash dividends paid Rs. 8,000 o Proceeds from sale of equipment Rs. 25,000 On its cash flow statement for the year, SNT Company should report net cash flow from financing activities as: Rs. 3,000 net cash inflow Rs. 3,000 net cash outflow Rs. 8,000 net cash inflow Rs. 8,000 net cash inflow Question No: 4 - Please choose one SNT Company has a current ratio of 3:2. Current Liabilities reported by the company are Rs. 30,000. What would be the Net Working Capital for the company? Rs. 45,000 Rs. 15,000 ( Rs. 45,000) ( Rs. 15,000) Question No: 5 - Please choose one Which of the following would not improve the current ratio? Borrow short-term to finance additional fixed assets Issue long-term debt to buy inventory Sell common stock to reduce current liabilities Sell fixed assets to reduce accounts payable Question No: 6 - Please choose one Which of the following are incorporated into the calculation of the Du-Pont Identity? I. Return on assets II. Equity Multiplier III. Total Assets Turnover IV. Profit Margin I, II, and III only I, III, and IV only II, III and IV only I, II, III, and IV Question No: 7 - Please choose one The concepts of present value and future value are: Directly related to each other Not related to each other Proportionately related to each other Inversely related to each other Question No: 8 - Please choose one Which of the following is a special case of annuity, where the stream of cash flows continues forever? Special Annuity Ordinary Annuity Annuity Due Perpetuity Question No: 9 - Please choose one Which of the following is an unsecured bond for which no specific pledge of property is made? Mortgage Debenture Collateral Note Payable Question No: 10 - Please choose one Which of the following type of return refers to the percentage change in the amount of money you have? Nominal return Real return Inflation return None of the given option Question No: 11 - Please choose one When real rate is _____, all interest rates will tend to be _____. Low; higher High; lower High; higher None of the given options Question No: 12 - Please choose one Which of the following is the extra yield that investors demand on a taxable bond as a compensation for the unfavorable tax treatment? Interest rate risk premium Inflation risk premium Default risk premium Taxability premium Question No: 13 - Please choose one In which type of the market, previously issued securities are traded among investors ? Primary Market Secondary Market Tertiary Market None of the given options Question No: 14 - Please choose one Place the following items in the proper order of completion regarding the capital budgeting process. (I) Perform a post-audit for completed projects; (II) Generate project proposals; (III) Estimate appropriate cash flows; (IV) Select value-maximizing projects; (V) Evaluate projects. II, V, III, IV, and I III, II, V, IV, and I II, III, V, IV, and I II, III, IV, V, and I Question No: 15 - Please choose one An investment will be ___________ if the IRR doesn t exceeds the required return and ___________ otherwise. Accepted; rejected Accepted; accepted Rejected; rejected Rejected; accepted Question No: 16 - Please choose one IRR and NPV rules always lead to identical decisions as long as : Cash flows are conventional Cash flows are independent Cash flows are both conventional and independent None of the given options Question No: 17 - Please choose one A project whose acceptance does not prevent or require the acceptance of one or more alternative projects is referred to as : A mutually exclusive project An independent project A dependent project A contingent project Question No: 18 - Please choose one Finding Net Present Value comes under which type of capital budgeting criteria ? Discounted Cash Flow Criteria Accounting Criteria Payback Criteria None of the given options Question No: 19 - Please choose one ___________ Cost is an outlay that has already occurred and hence is not affected by the decision under consideration. Sunk Opportunity Fixed Variable Question No: 20 - Please choose one Which of the following is the overall return the firm must earn on its existing assets to main

I owe 81,147 and pay 674.00 per month (fixed) for the next 13 1/2 years. I started with a 20 yr fixed mortgage at 5.15%. My bank told me they could drop the fixed rate to 3% for one year if I went to a 30yr fixed mortgage at the same 5.15%. I approached them because I lost my job. My bank didn't take any tarp money so they can't use any Federal loan modification plan. Should I take the 30yr fixed at the same rate but get only 3% the first year or should I just grin and bear what I already have? I may lose my house one way or another but the 30yr deal will really drop my monthly payments. What do you think?

We have 2 goals we want to accomplish: 1) Purchase a second home outside of our current town and 2) Refinance our first mortgate (from a 6.5% 30-year fix to current (4.75-ish 15-year fix). Can I kill two birds with one stone? Can I even kill one bird with one stone? Here's the situatioin: We own a duplex. We live on one side and rent the other out. The tenants pay half of our mortgate, essentially. The housing market here has plummetted. My house is worth about $207K versus the $365K it was appraised for 3 years ago. I owe about $270 on the loan. Refinancing the traditional way is impossible. No lender wants to give us a chance because of the value to loan ratio we'd take on. IWe'd like to move out of our side and put it up for rent as well. We want to move out of this town and purchase another home at about $270K-$320K. Our combine income is about $156K annually. My thinking is, if possible, take about $50K-70K cash out on this second mortgage and use it to put money down on the first mortgage so we can reduce the loan to value ratio as we attempt to refinance it for a lower rate at 15 years. Do you think this is feasible, probable, and sensible? Thanks in advance for any answers!!!

If I took out a standard capital repayment mortgage of £136,000 at a fixed rate of 5% over a term of 15 years, how much interest would I end up paying in total over that time. (if someone knows of an internet interest calculator that would be useful too, should I need to change my numbers) many thanks stumbler

I want to buy a house. My loan amount is about $150,000.00. I went to TCF Bank and I was offered 3.5% adjustable rate or 5.59% fixed rate. If I'll take the 3.5% rate my payment on 30-year mortgage is $673.60 a month, when I'll go with 5.59% that's $860.24 a month on 30-year mortgage, plus on the 5.59% I have to pay $4,500 finance charge, on the 3.5% there is no finance charge. I wanted to go with 3.5% mortgage, but I heard some bad stories about the adjustable mortgages, like they will skyrocket my interest. One factor - I think I will be able to pay of the mortgage much sooner, like in 15 years, I just want to go with 30 years so my payments are lower, just in case something happens. Did anybody had a experience with TCF bank and their mortgages. Thank you.The 3.5% rate is adjusted once a year. I'm not paying any points. Why there is finance charge on one of them and no finance charge on the other, I have no idea. I'm already approved.

Find information on 15 year mortgages as well as the latest 15 year fixed mortgage rates across the country. Compare mortgage rates using our charts and tools.

Find the best fixed mortgage rates and read about fixed rate mortgages. Learn about the benefits of fixed rates and use our calculator to calculate your payments.

Monthly Average Commitment Rate And Points On 15-Year Fixed-Rate Mortgages

The average rate on a 15-year fixed-rate mortgage was 3.86% for the week ending Aug. 26, according to Freddie Mac's weekly survey of conforming mortgage rates.

Rates on 15-year fixed-rate mortgages averaged 3.83%, a new low and down from 3.86% and 4.54%, respectively. Five-year Treasury-indexed hybrid adjustable-rate mortgages ...

... 36 percent last week, mortgage buyer Freddie Mac said Thursday. That's the lowest since Freddie Mac began tracking rates in 1971. The average rate on 15-year fixed loan ...

First, let's get an idea of what a 15-year and a 30-year mortgage will cost you. ... Fixed Rates

Here are some 15-year FRMs available from mortgage lenders around the country this week. These loans are from the editorial mortgage rate survey conducted by HSH Associates ...

Rates on fixed-rate mortgages fall to a low not seen since 1991, when records started being kept on the loan.

Three graphs depict the trend in 30-year fixed rate mortgages, 15-year fixed rate mortgages as well as 1-year adjustable rates.

Mortgage rates have been hitting historic rates nearly every week for a while now. According to Freddie Mac, the average rate for a 30-year fixed loan was 4.32 percent last week, and the 15-year average hit 3.83 percent. Freddie Mac - Mortgage - Refinancing - Loan - Business

10 a.m. Pacific--SEATTLE--The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.27 percent, down one basis point from 4.26 percent at this same time last week. The 30-year fixed mortgage rate rose steadily for the majority of the week reaching its peak at 4.38 percent early on Tuesday, followed by a sharp fall...

Record-low mortgage rates have sparked a flurry of refinancing in Coshocton County, according to local bankers.

(RTTNews) - US mortgage activity dropped slightly last week despite a notable increase in new home purchase applications, industry data revealed Wednesday morning.

CLEAR LAKE, IA - People looking to buy a home or refinance an existing mortgage are opting for a shorter loan. During the first six months of 2010, 26 percent of homeowners who refinanced chose a 15-year fixed rate mortgage. That's compared to just 18.5 percent in all of 2009.

Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show on Wednesday

Mortgage rates fell to the lowest level in decades for the 10th time in 11 weeks, as investors worried about the economy. Business - United States - Mortgage - Financial Services - Mortgage loan

Rock-bottom rates on mortgage loans have ignited another wave of refinancing by consumers in recent weeks, including a lot more folks opting for 15-year fixed loans for the first time.

DALLAS -- MicroStockProfit.com announces an investment report featuring Federal National Mortgage Association . The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

For anyone under the age of 57, mortgage rates are now the lowest they've been during your life. This fact isn't lost on a growing number of homeowners who have started a new wave of refinancings.