Refinancing

Five years ago, refinancing made up 75 percent of the mortgage business. Today, it’s just around 37 percent. With climbing interest rates, demand has dipped and the mortgage industry is poised to shed jobs. Click the audio player above to hear the full story. 

Five years ago, refinancing made up 75 percent of the mortgage business. Today, it’s just around 37 percent. With climbing interest rates, demand has dipped and the mortgage industry is poised to shed jobs. Click the audio player above to hear the full story. 

What to do when your dream home needs sprucing up.

Americans used to believe that when you retired, your house should be paid off. That was, of course, before the refinancing boom.

The S&P Case Shiller home price index indicates that housing prices continue to recover.

Bank employees face layoffs as the latest refinancing era comes to an end.