| Sep 26, 2011 11:12AM In a recently published study by the Federal Reserve they confirm what millions of American homeowners know first hand and what most professionals in the housing finance industry have known for over a year: namely, that millions of American homes are unable to be refinanced - despite historically low interest rates - due largely to the fact that many of these homes are either underwater (meaning the current loans balance exceeds the current property value) or the home's owners fail to qualify for... Sep 26, 2011 5:03PM After two days of significant improvements, Mortgage Rates took a measured step back on Friday. Best-Execution rates rose about an eighth of a point. The trend continued today, although in slightly less dramatic fashion. It was merely a slightly negative day for rates. There wasn't much to drive trade on the secondary market and traders are likely waiting to see how this week's Treasury auctions pan out (Treasuries are related to MBS, but MBS or "mortgage backed securities" are the true drivers of...
 | 
