» Refinancing applications spike as rates fall, but hurdles loom</h1> <article> <h1>Refinancing applications spike as rates fall, but hurdles loom</h1> <p>Talia — Tue, 13 Oct 2009 16:08:32 +0000</p> <p>Home loan refinancing applications climbed 18 percent two weeks ago from the week prior, the Mortgage Bankers Association reported Wednesday, as interest rates fell below 5 percent for the first time since May,</p> <p>However, the Federal Reserve plans to slow its purchases of mortgage-related debt and end the program next year, which may push rates higher. Refinancing some government loans will also get tougher next month, as borrowers who want to refinance a loan insured by the Federal Housing Administration Will be required to have made six months of payments and show proof of assets, job and income.</p> <p>If you need help finding a mortgage lender, give Austin real estate agent Talia Traub a call at (512) 914-2573.</p> <p><a href="http://www.isellaustinhouses.com/news/refinancing-applications-spike/">Refinancing applications spike as rates fall, but hurdles loom</a> is a post from: <a href="http://www.isellaustinhouses.com">Austin Real Estate Agent</a></p> </article> </main></body></html>