President Obama Unveils $75 Billion Plan to Aid Homeowners

President Barack Obama just introduced a $75 billion foreclosure-fix plan that his administration claims will aid up to nine million homeowners.

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Low Mortgage Rates Lead to a 64% Surge in the Number of Homeowners Refinancing a Mortgage

Due to extremely low mortgage rates last week, the number of Americans applying for mortgages increased from the previous week, according to a report released this day by the Mortgage Bankers Association (MBA).

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This day’s Mortgage Rates - February 19, 2009

Here are some average mortgage interest rates based on a $240K home loan for Thursday, February 19, 2009 (as of 6 pm). For rates based on your specific information, speak to a Mortgage Expert. Please also note the explanation of the assumptions we make to give you these rates — rates will vary based on your information.

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This day’s Mortgage Rates - February 20, 2009

Here are some ballpark mortgage interest rates based on a $240K home loan for Friday, February 20, 2009 (as of 5 pm). For rates based on your specific information, speak to a Mortgage Expert. Please also note the explanation of the assumptions we make to give you these rates — rates will vary based on your information.

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Home Buyers in 2009: What is the $8,000 First-Time Home Buyer Tax Credit all about?