Minorities are feeling the pain of refinance rates, council says; The bite of HIGH-COST LOANS
Quick but costly mortgage refinance loans are on the rise here and nationwide, with the consumers least able to afford them most apt to get them. This trend is tied to broader home-buying opportunities, experts agree. They disagree on whether high-cost loans' popularity is fed by shameless

Publication: The Milwaukee Journal Sentinel

For Homeowners, a Rush to Refinance; Falling Mortgage Rates Yield Lower Housing Costs, Extra Cash
Accountant Liz Ogden of Arlington recently joined the ranks of more than 5 million homeowners around the country who are taking advantage of the lowest interest rates in years to refinance their homes. By getting a new mortgage on her condominium, Ogden, 38, has reduced her monthly housing costs by

Publication: The Washington Post

State, bond issuers are seeking to refinance debt as costs rise ; Lack of demand at securities auctions drives up interest rates
Ordinarily, by this time each May, the Massachusetts Educational Financing Authority is busily approving student loan applications for the fall. But this year it's just taking names, while it searches for funding. MEFA has been the worst-hit of the state's bond-issuing authorities in a debt market

Publication: The Boston Globe

Mortgage Benefits Corp. Introduces No-Cost Group Mortgage Benefit for Employees; The MortgageChoice Plan Offers Discounted Rates and Fees, Superior Products, and Personalized Service.
Business Editors REDWOOD CITY, CalifBUSINESS WIREJune 1, 2004 Mortgage Benefits Corporation (MBC; www.mortgageplans.com) today announced the launch of the MortgageChoice Plan(TM), a unique, no-cost group mortgage benefit for employees who wish to purchase or refinance homes. MortgageChoice Plan

Publication: Business Wire

Countrywide Says: Don't Wait for Rates to Hit Rock Bottom to Refinance.
- Nothing to Lose, Everything to Gain with a No-Cost Refi - CALABASAS, Calif., Jan. 31 /PRNewswire/ -- The recent decline in mortgage interest rates and the Federal Reserve's rate drops have prompted many homeowners to consider refinancing their home loans. History has shown that under conditions

Publication: PR Newswire

Now may be time to refinance your home // Low interest rates can cut monthly payments
Tired of high mortgage payments? You may not be stuck with them. Refinancing your home with a lower-cost loan can bring down the monthly payments and save tens, even hundreds of thousands of dollars over the life of the mortgage. Janet Krolman finds refinancing so advantageous that she has done it

Publication: Chicago Sun-Times