D.O.M.R pt. 3: (+0.25) Up-tic in rates causes 16% drop in refinance apps

Ed Ferrara | April 7, 2010 | 0 Comments

Apr. 07, 2010 (FreeRateUpdate.com) – Not too long ago I wrote a part 1 and part 2 to an article titled “the death of mortgage refinance looms” in which I explained how even a modest rise in long…

Death of Mortgage Refinance Pt. 2: EPIC Drop in Home Refis Took Place Already (CHART)

Ed Ferrara | March 13, 2010 | 0 Comments
real yearly mortgage applications chart

Mar. 13, 2010 (FreeRateUpdate.com) – Did an epic decline in mortgage refinance applications fly under the radar? What I’m going to tell you in this article suggests just that. I included some hard…

The Death of Mortgage Refinance Looms

Ed Ferrara | March 9, 2010 | 0 Comments
death of mortgage refinance?

Mar. 10, 2010 (FreeRateUpdate.com) – The majority of homeowners that qualify to refi under new guidelines, and who have equity, have done so by now.  Trickling in now are procrastinators,…

The Walker File: Mortgage Refinance Extinct, 6% Mortgage Rates, Wells Fargo

Bruno Mckenzie | February 3, 2010 | 0 Comments

I’m sorry I didn’t write my column after midnight today as my fans have become so accustomed to. Last night I was working on the Walker file. I delve into territories unknown looking for answers to…

Mortgage Rates Forecast: Mortgage Refinance Rates to 6% by 2011, Volume Down 80% (VIDEO)

Ed Ferrara | February 2, 2010 | 0 Comments
mortgage rates forecast

Lending Tree chief economist Cameron Findlay recently sat down with Fox Business News to give them his mortgage rates forecast, predictions for the mortgage refinance market and more. Cameron says…

Coffee After Midnight: Mortgage Rates, Fed Funds Rate, Obama on Refinance.

Bruno Mckenzie | January 28, 2010 | 0 Comments

Let me start off this morning with a tip, always have a backup coffee maker on hand. Me, I keep two running at all times with a backup in the closet. I threw in a little picture of my 2 makers, I…

Mortgage Refinance: Is the Mortgage Refinance Business on Life Support?

Sheldon Levene | January 27, 2010 | 0 Comments

I remember 2007 like it was yesterday. Refinance, refinance, refinance. Everybody and their mom knew to refinance and they could. Lending guidelines were more lax than ever before. I remember talking…

Mortgage Refinance: Low Mortgage Refinance Rates Lead to 75% of Mortgage Apps Being Refinance

Sheldon Levene | December 18, 2009 | 0 Comments
mortgage-refinance-3

The numbers are out and according to the Mortgage Bankers Association 75% of mortgage applications in the first 2 weeks of December were for mortgage refinance. Low mortgage refinance rates have…

Why Mortgage Refinance is Slow Despite Record Low Mortgage Refinance Rates

Ed Ferrara | December 13, 2009 | 0 Comments
mortgage-refinance-rates-01

Almost everybody and their mom knows you should of refinanced by now. Most everybody who can has already. Despite a 6 week decline in mortgage refinance rates to all time record lows (4.5% 30 Year…

Mortgage Refinancing Surge Since September – Low Mortgage Refinance Rates Spur Apps

Sheldon Levene | October 31, 2009 | 0 Comments
I don

Zillow.com reports in a press release this week refinance applications are up significantly since September spurred by historically low rates. 30 year fixed mortgage refinance rates below 5 percent…