Los Angeles Times: Eligibility for home
refinance program is expanded
By Tom Petruno and E. Scott
Reckard
07/02/2009
The Obama administration eased eligibility rules Wednesday
for its Home Affordable Refinance program, lifting the maximum loan-to-value
ratio to 125 percent from 105 percent.
Bloomberg: U.S. Mortgage Rates Drop to 5.32%,
Freddie Mac Says
By Brian Louis
07/02/2009
Rates on 30-year, fixed-rate mortgages declined this week
to 5.32 percent from 5.42 percent last week, according to Freddie Mac’s weekly
survey.
Inman: Refi applications plunge
30%
07/01/2009
Applications for mortgage refinancings decreased 30 percent last week to their
lowest level since November, according to the Mortgage Bankers Association’s
Weekly Mortgage Applications Survey.
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