Refinancing a mortgage is key to many homeowners when consolidating debt, paying for college or home improvements. The main reason homeowners will refinance their mortgage this year is to capitalize on their home equity and pay off debt or use the cash to invest.

Webster Bank now has a solid product or two for your investment loans. I personally looked at a 80 / 20 combo loan for my self but since my score was in the high 700's I was able to do 1 loan at 100% Financing.

Is the 100% Loan gone for investors is Webster Bank the only lender offering this still?

Investors like to keep their cash close to their hip and a lot are forced to put down 10% or more over the last 6-8 months. This new product by websters bank may be the answer.

Post comments in our forum about 100% Financing for Investment Properties. Are you a lender offering this product please email us our members want to know.

NEW YORK (CNNMoney.com) -- Mortgage rates held mostly steady this week after two key economic readings provided an unclear picture of the future direction of the housing market, Freddie Mac reported Thursday. The average rate on 30-year fixed-rate loans held at 6.16 percent for the week ending March 29, unchanged from the previous week.

Last year at this time, 30-year mortgage rates averaged 6.35 percent......

Starts bounce back from 9-year low but builders pull back on plans amid ongoing worries about real estate market. By Chris Isidore, CNNMoney.com senior writer March 20 2007: 9:57 AM EDT

NEW YORK (CNNMoney.com) -- Housing starts rebounded from a nine-year low in February, according to the latest government reading on the battered home-building industry, but ongoing weakness led builders to pull back on plans for more housing.

Mortgage Applications for new Home Purchases is still steady. The appetite and dream to own a home is still there. With the bust in some subprime lenders there may be a challenge in approving some borrowers. Some borrowers may be forced to look into a lease to own or rent to own situation.

One advantage that some lenders have is living around new and thriving cities. In cities such as Charlotte NC you can find a big push for new homebuyers moving from New York to Florida. Visit www.NCMortgageServices.com to apply for a North Carolina Mortgage.

Other states like Florida and California are always booming with new home purchases. Checking with online lead generation companies we have found that new purchase applications are still flowing in and getting big applications. But will you be able to close them with a clamp on the current subprime market? Stay tuned for more information in getting your New Home Purchase Leads Closed!

Live News Just in on the Housing Market - Click Here!

Mortgage lender says U.S. Attorney's office has launched a criminal investigation into trading of its securities.

General Electric's lending division W M C Mortgage will be cutting up to 20% of it's staff. The subprime lender is the newest victim to announce fall out from the subprime situation. Several dozen lenders have shut their doors and the fallout seems to have no end.

Major concerns of other financial stocks are rising and the effects of the subrime market will be felt through out the stock market.

Post your comments about the latest subprime story in your own blog. Join our Network and post a blog entry or a forum entry today!