Increase in loan refinancing nationally hasn’t hit home

Increase in loan refinancing nationally hasn’t hit home
ZANESVILLE — Applications for refinancing home loans, bolstered by some of the lowest borrowing costs in 20 years, are up for the fifth straight week nationally, according to a weekly survey conducted by the Mortgage Bankers Association.
Read more on Zanesville Times Recorder

Bank of Canada rate increase explained by Vancouver Mortgage Broker Mark Fidgett

www.notapennydown.com Mark Fidgett, a mortgage broker in Vancouver Canada, explains the latest rate increase by the Bank of canada

March 25 – Update on the latest increase in Mortgage Rates and what is going to happen next?

As we have been saying for the past few recordings the Federal Reserve is ending it’s Mortgage Backed securities repurchase program. Rates went up 0.25 – 0.375 percent in the past 24 hours. What’s going to happen now? What’s the recommended course of action? Watch the video.

is there a calculator to figure out my mortgage balance if I increase the payments?

I am near the latter part of my mortgage……I want to increase the payments from the minimum of 980 to 1300 per month..How soon will it be paid off. There is a balance remaining of 25,000 and the interest rate is 7.5%

Do you think it make sense to refinance your mortgage if you are trying to increase your credit score?

I am trying to get my credit score into the high 700’s within the next few years right now it is in the low 600’s. It was suggested to me to refinance my mortgage. I thought that will drop my score some points. Also I am fine with my monthly payment. I [...]

Real estate listings increase

Real estate listings increase
As the chilly economy and even chillier weather in southwest Iowa continue to thaw, real estate listings in the area have risen.
Read more on The Council Bluffs Daily Nonpareil

PIBA warns mortgage holders that lenders could increase interest rates

PIBA warns mortgage holders that lenders could increase interest rates
ONE of the country’s largest insurance and mortgage industry representatives has warned consumers that a low European Central Bank (ECB) interest rate will provide no barrier to Irish-based lenders increasing their own rates.
Read more on Irish Examiner

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