Your only refinancing rates news source! Click on each item to read full story.   US Mortgage Applications Jump On Refinancing Demand: MBA read story Applications for U.S. home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday.   Refinancing applications reportedly overwhelm BofA read story Bank of America, struggling to handle mortgage refinancing after a U.S. program boosted demand, is telling some customers to wait 90 days before starting an application, said two people with knowledge of the policy.   Freddie Mac Bets Against Refinancing? Or Just Higher Rates? read story An investment in "inverse floaters" probably was just a bet on stable interest rates, not keeping homeowners trapped in their mortgages.   BofA Puts Off Refinancing Clients read story Bank of America Corp., facing increased demand for mortgage refinancing amid government efforts to help struggling homeowners, is telling some customers to wait 90 days, said two people with knowledge of the policy.   Mortgage applications jump on refi demand: MBA read story NEW YORK (Reuters) - Applications for home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 7.5 percent in the week ended Feb 3. The MBA's seasonally ...   An Easier Path to Refinancing read story President Obama’s new mortgage refinancing plan could provide considerable relief for millions of homeowners shackled to high interest rates, if Congress approves it.   Allentown could save as much as $300,000 from debt refinancing read story A financial consultant asked council for approval to refinance a $5.3 million portion of the city's 2003 bond, which could reduce a 5.5 percent interest rate down to 2.75 percent.   Help for Refinancing Underwater Loans read story If you're current on your mortgage payments but owe more than your home is worth because of declining property values, there could be relief in sight.   Obama proposes refinancing plan for underwater homeowners read story The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages. Distancing himself from Republicans on housing issues, President Obama pitched a $5-billion to $10-billion plan to help a key segment of struggling homeowners — those still making monthly payments, but on underwater ...   BofA Delays Refis as U.S. Boosts Demand read story Bank of America is telling some customers to wait 90 days for mortgage refinancing