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Trying to Refinance? Take a Number

With fewer banks, mortgage refinancing taking forver

By Kevin Spak,  Newser Staff

Posted May 9, 2012 10:44 AM CDT

(Newser) – Mortgage rates have been plummeting—they were at just 4.05% last month—and that, combined with Obama administration initiatives, has a lot of homeowners clamoring to refinance. There's just one problem: A lot of homeowners are clamoring to refinance. The financial crisis left...   Read full story »

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mortgage rates • refinanced mortgages • banking industry • interest rates • big banks

 
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