Mortgage News

May

Rate on 30-year mortgage falls to record 3.79 percent - San Francisco Chronicle

2012-05-18

USA TODAYRate on 30-year mortgage falls to record 3.79 percentSan Francisco ChronicleAverage US rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home buying and refinancing more affordable than ever for those who can qualify. Mortgage buyer Freddie Mac says the ...Loans at lower rates, harder to getSpringfield News SunMortgage rates' new low draws new buyersMENAFN.COMMortgage rates fall to another record lowUSA TODAYBusinessWeekall 357 news articles »

May

Special programs to reduce principal on mortgages are attracting praise ... - Florida Times-Union

2012-05-19

PBSSpecial programs to reduce principal on mortgages are attracting praise ...Florida Times-UnionSome economists and politicians have argued for years that the only way to revive the housing market and jumpstart the economy is to vastly reduce the amount Americans owe on their mortgages. But lenders have balked at writing down debts.Principal Reductions Won't Solve the Mortgage MessBloombergBorrowers' full disclosure is keyColumbia Daily Tribuneall 13 news articles »

May

Increasing Mortgage Rates Threaten Thousands of Brits with Home-Loss - Houston Chronicle

2012-05-19

Increasing Mortgage Rates Threaten Thousands of Brits with Home-LossHouston ChronicleRoadFish.com men's lifestyle and finance magazine today expressed concern for its friends in the UK dealing with the Eurozone crisis, especially after a recent report stated that over 100000 families in the UK could lose their homes if mortgage prices ...and more »

May

The Nation's Housing: Condo mortgages - WSLS

2012-05-19

The Nation's Housing: Condo mortgagesWSLSThousands of condo unit owners and buyers around the country could soon be in line for some welcome news on mortgage financing: Though officials are mum on specifics, the Federal Housing Administration is readying changes to its controversial ...and more »

May

Beat mortgage blues – rent out a room, your garage or home - The Independent

2012-05-19

The GuardianBeat mortgage blues – rent out a room, your garage or homeThe IndependentThe pips are beginning to squeak in middle England with lenders hiking up their standard variable mortgage rate of late. Many people will be mortgage "prisoners" unable to move to another lender and stuck waiting for the next mortgage increase; ...The new mid-life crisis … house sharing into your 40sThe Guardianall 2 news articles »

May

Commercial-Mortgage Securities Spreads Soar to Widest of 2012 - Bloomberg

2012-05-18

Commercial-Mortgage Securities Spreads Soar to Widest of 2012BloombergWall Street dealers are selling commercial-mortgage bonds with the widest spread this year as the European debt crisis and JPMorgan Chase & Co.'s trading loss rattles markets. Goldman Sachs Group Inc. (GS), Citigroup Inc. (C) and Jefferies Group Inc.and more »

May

Homes.org Published Mortgage Rates Update – Rates Drop Below 4% - Albany Times Union

2012-05-19

Homes.org Published Mortgage Rates Update – Rates Drop Below 4%Albany Times UnionThe Homes.org weekly mortgage rate report helps buyers and sellers keep updated on what is happening with mortgage interest rates across the nation. The report provides details on what's impacting today's mortgages - the latest economic activity, ...and more »

May

Understanding Mortgage Rates - NASDAQ

2012-05-19

Understanding Mortgage RatesNASDAQEveryone wants to get the lowest mortgage rate they can when buying a home or refinancing their current home loan. But chasing after the lowest rate can be a sucker's game.That's because the lowest interest rate doesn't necessarily mean the least ...

May

Mortgage schemer sentenced to 4 1/2 years - Columbus Dispatch

2012-05-19

ABC6OnYourSide.comMortgage schemer sentenced to 4 1/2 yearsColumbus DispatchOrms, who pleaded guilty in February, operated the scheme between 2003 and 2006 through Platinum Mortgage, Edison Mortgage, Prime Real Estate and other companies. He used fraudulent appraisals, false information on loan applications and forged ...Former Dublin Man Sentenced in Mortgage Fraud CaseLoanSafeAlleged Mortgage Fraud Ring Leader SentencedABC6OnYourSide.comall 4 news articles »

May

Mortgage do's and don'ts for military families - U-T San Diego

2012-05-19

Mortgage do's and don'ts for military familiesU-T San DiegoThis is a consideration that loan officers take into account when approving your mortgage and the amount of the loan. • Choose the right payment to miss. In an effort to “hope for the best, but plan for the worst” be strategic in how you pay your bills ...Nine Years of Helping Consumers for WorryFreeMortgageLoans.comSBWire (press release)all 2 news articles »

May

Mortgage market freezes up as Santander scales back on lending

2012-05-19

Santander's retreat from lending is pushing the mortgage market into crisis.

May

Use Tax Refund to Cut My Mortgage Payment?

2012-05-18

Using your tax refund to pay down your mortgage is just one way to reduce your monthly bill.

May

Understanding Mortgage Rates

2012-05-19

Everyone wants to get the lowest mortgage rate they can when buying a home or refinancing their current home loan. But chasing after the lowest rate can be a sucker's game.That's because the

May

Mortgage Debt Hindering Retirement Planning: BMO Study

2012-05-16

TORONTO, ONTARIO-- - BMO Financial Group released a study today indicating that many Canadian homeowners are feeling the pinch of balancing mortgage responsibilities with saving for retirement.The survey, ...

May

Bankrate: Mortgage Rates Set 4th New Record in a Row

2012-05-16

NEW YORK, May 16, 2012 /PRNewswire/ -- Mortgage rates fell for the seventh time in the past eight weeks and set a new record for the fourth consecutive week. The average rate on the benchmark 30-year fixed ...

May

Research and Markets: Mortgage Loans in Italy

2012-05-16

Dublin - Research and Markets has announced the addition of the "Mortgage Loans in Italy" report to their offe

May

Gateway Mortgage Group Enters Omaha, Neb. With Establishment of New Branch

2012-05-17

Gateway Mortgage Group, a privately held mortgage company providing conventional, FHA and VA loans through 50 retail branches nationwide, has acquired its largest branch and entere

May

Mortgage lending down by 19%

2012-05-18

NEW MORTGAGE lending fell 19 per cent to €450 million in the first three months of the year, the lowest rate of year-on-year decline since the first quarter of 2007.

May

Fixed Mortgage Rates Hit Record Lows Again

2012-05-17

MCLEAN, Va., May 17, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing average fixed mortgage rates again hitting new record ...

May

Mortgage Rates At Record Lows As 30-yr At 3.79%

2012-05-17

Mortgage rates hit record lows in the week ending May 17, with the 30-year fixed-rate mortgage average falling to 3.79% from 3.83% in the prior week, Freddie Mac said Thursday in its weekly report.

May