Mortgage Refinance Rates Set Another Record Low – How Long Will it …
In fact, many borrowers have switched from conventional mortgages to FHA refinance loans for significant savings and benefit at the current low historic refinance rates . So, how long will mortgage rates stay this low? …
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Mortgage Refinance Rates Set Another Record Low – How Long Will it …
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Elizabeth Warren, head of the Congressional Oversight Panel, gave a sobering assessment of what's in store. Beginning this year, $1.4 trillion in commercial loans will come up for refinancing, a trend that will continue through 2013. ... Vacancy rates are running at record levels and, in 2009, the office market failed to absorb any excess inventory, according to CB Richard Ellis. Wilmington Trust Corp. reports that 13 percent, or about $69 million in nonperforming loans, ...