{"id":263319,"date":"2010-02-01T15:33:42","date_gmt":"2010-02-01T20:33:42","guid":{"rendered":"http:\/\/www.zillow.com\/blog\/?p=17214"},"modified":"2010-02-01T15:33:42","modified_gmt":"2010-02-01T20:33:42","slug":"white-house-to-%e2%80%9cstep-up%e2%80%9d-refinancing-in-2010","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/263319","title":{"rendered":"White House to \u201cStep Up\u201d Refinancing in 2010"},"content":{"rendered":"<p>In the <a href=\"http:\/\/www.whitehouse.gov\/the-press-office\/remarks-president-state-union-address\">2010 State of the Union Address<\/a>, President Barack Obama said, \u201cThis year, we will step up refinancing so that homeowners can move into more affordable mortgages.\u201d<\/p>\n<p>The big question, as the <a href=\"http:\/\/blogs.wsj.com\/developments\/2010\/01\/28\/how-will-the-white-house-step-up-refinancing\/\">Wall Street Journal<\/a> pointed out, is how?<\/p>\n<p>Zillow\u2019s own data, taken from <a href=\"http:\/\/www.zillow.com\/Mortgage_Rates\/#%7bscid=mor-site-zblog%7d\">real-time mortgage rates <\/a>based on thousands of custom mortgage quotes submitted daily to anonymous borrowers, shows that while overall loan request volume is quite strong, the latest refinance boom appears to be dwindling.<\/p>\n<p><a href=\"http:\/\/www.zillow.com\/blog\/mortgage\/files\/2010\/01\/zillow-mortgage-marketplace_js.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2976\" src=\"http:\/\/www.zillow.com\/blog\/mortgage\/files\/2010\/01\/zillow-mortgage-marketplace_js.png\" alt=\"\" width=\"500\" height=\"351\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.zillow.com\/blog\/mortgage\/2009\/12\/30\/mortgage-rates-in-reviewand-a-look-ahead\/\">Many experts forecast\u00a0rates to rise this year<\/a>, so if you\u2019re considering a refinance, now is a good time to start shopping. An easy way to <a href=\"http:\/\/www.zillow.com\/mortgage\/#%7bscid=mor-site-zblog%7d\">shop for a mortgage is through Zillow Mortgage Marketplace<\/a>.<\/p>\n<ul>\n<li><a href=\"https:\/\/www.zillow.com\/mortgage\/CreateMortgageLoanRequest.htm#%7bscid=mor-site-zblog%7d\">Submit a refinance loan request<\/a>, anonymously, and receive unlimited custom quotes from lenders.<\/li>\n<li>Use the interactive <a href=\"http:\/\/www.zillow.com\/blog\/mortgage\/2009\/10\/01\/new-refinance-break-even-point-and-savings-graph\/\">Break-Even Point Graph<\/a> to determine how long you need to live in your home to offset the cost of refinancing.<\/li>\n<li>After comparing quotes side-by side (inclusive of all lender fees), and reading <a href=\"http:\/\/www.zillow.com\/directory\/mortgage-lenders\/#%7bscid=mor-site-zblog%7d\">lender reviews and ratings<\/a>, you decide which lenders to contact\u2026 they don\u2019t call you.<\/li>\n<\/ul>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/ZillowBlog?a=YwMeYFtJlM8:Ua_iV8hlhaY:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/ZillowBlog?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/ZillowBlog?a=YwMeYFtJlM8:Ua_iV8hlhaY:7Q72WNTAKBA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/ZillowBlog?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the 2010 State of the Union Address, President Barack Obama said, \u201cThis year, we will step up refinancing so that homeowners can move into more affordable mortgages.\u201d The big question, as the Wall Street Journal pointed out, is how? Zillow\u2019s own data, taken from real-time mortgage rates based on thousands of custom mortgage quotes [&hellip;]<\/p>\n","protected":false},"author":5055,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-263319","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/263319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5055"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=263319"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/263319\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=263319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=263319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=263319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}