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Is It Time To Refinance?
The bailout of Freddie Mac and Fannie Mae has many homeowners thinking about whether it is time to refinance. SmartMoney.com's Stephanie Auwerter gives advice to Maggie Rodriguez.

Low interest rates drive consumers to refinance autos - Jacksonville Business Journal:
NORTHEAST FLORIDA -- Rebecca Aguilar didn't drive a hard bargain. So her brother got her in gear, and Aguilar saved nearly $100 a month refinancing -- not her home -- but her car. "He said, 'Oh my gosh, those payments sound real high,' " Aguilar recalled her brother saying of the $525 monthly

Publication: Jacksonville Business Journal

Lower-rate auto loan good idea.(Friday Home Guide)(Mortgage Q&A)
Q: I want to purchase a house sometime in the next two to six months. I have a car loan at 16 percent interest. I have been pre-approved for a home valued at $165,000 but would like to qualify for a house in the $175,000 to $180,000 range. I want to refinance my car to 7 percent because the lower

Publication: The Washington Times

Homeowners rush to refinance after rate cut
Phone lines at local credit unions are lighting up this week as debt-ridden residents try to refinance risky home loans that could pull some under financially. The Federal Reserve's huge interest rate cut earlier this week has drawn homeowners - many saddled with adjustable-rate loans that have

Publication: Inland Valley Daily Bulletin

Rethinking refinancing: with mortgage rates on the rise, does it still make sense to refinance?(Real Estate Strategies)
Thirty-year fixed mortgage rates reached a 30-year low this past June when they dipped below 5%. It's no wonder most homeowners had high expectations as they hurried to refinance their existing loans, hoping to put some extra cash in their pockets. Even though rates have since climbed back,

Publication: Black Enterprise

bizworld: As interest rates dip, homeowners make a major move to refinance.(Business)
NEW YORK [bar] This week's surprise rate cut by the Federal Reserve has kicked into high gear a rush by homeowners across the country to refinance their mortgages at today's lower rates. Thirty-year fixed-rate mortgages now carry an average interest rate of 5.57 percent, down from 5.75 percent last

Publication: The Virginian Pilot

Refinancing; Want to refinance? Look beyond rates; Lower payments may not equal a sound financial move.(HOMES)
Byline: Neal Gendler; Staff Writer Plunging interest rates and rising home values have enabled homeowners to reduce mortgage payments, shorten payoff time, tap the equity in their home for a loan, or a combination of the three. But sometimes, doing nothing is the best course. A prudent decision on

Publication: Star Tribune (Minneapolis, MN)