Mortgage News Jan 2009
May 2012 | Apr 2012 | Mar 2012 | Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Jan 2011 | Dec 2010 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006 | Jun 2006 | May 2006 | Apr 2006 | Mar 2006 | Feb 2006
1 2 3 4 5 6 7 Next
Does refinancing make cents?
As we all have heard on the radio, television and in the paper home mortgage interest rates are close to a forty-year low. Thirty year fixed rate mortgages have been in the low five percent range. (Thu, 01 Jan 2009 03:14:23 GMT)
Get crooks out of mortgage business
State regulators are proposing tough new changes in Florida law to prevent mortgage fraud, which, at least, is a good start. As promising as the changes are, protecting residents from thieves and con artists who pose as mortgage brokers won't become a reality without the support of state lawmakers and the Florida Cabinet. (Thu, 01 Jan 2009 04:43:57 GMT)
U.S. Mortgage Rates Near A 4-Decade Low
U.S. mortgage rates dropped to the lowest level in nearly four decades this week as the government stepped up efforts to revive the housing market. (Thu, 01 Jan 2009 05:03:23 GMT)
ICICI cuts home, auto loan rates 50 bps
The country’s largest private sector lender, ICICI Bank, today reduced its lending rates on home and auto loans 50 basis points and deposit rates 50 to 75 basis points across various tenures with effect from December 31. (Thu, 01 Jan 2009 05:11:30 GMT)
ACORN protests at Fort Worth mortgage company over planned foreclosure
By BARRY SHLACHTER Eight people chanted, sang protest songs and marched with placards Wednesday outside the Fort Worth office of Saxon Home Mortgage in support of a man facing foreclosure despite his assertions that he was not in arrears and that Saxon had mislaid his property-tax payments. After an hour, the homeowner, Andre Duncan of the Collin County suburb of Anna, north of McKinney, ... (Thu, 01 Jan 2009 06:31:32 GMT)
Miami-Dade applies new state law aimed at cutting taxes inflated by mortgage fraud
Mortgage fraud wreaked havoc in South Florida's housing market over the past several years, contributing to inflated sales prices that may have led to inflated property taxes for innocent homeowners. (Thu, 01 Jan 2009 08:04:46 GMT)
Residents refinancing to save money
The recent action by the Federal Reserve to lower the interest rates has filtered down to consumers and resulted in a rash of Maumelle residents taking advantage of lower mortgage rates to refinance their home loans. (Thu, 01 Jan 2009 08:19:52 GMT)
ICICI Bank slashes home loan rates
(RTTNews) - India's second largest bank, ICICI Bank on Wednesday announced a half a percentage reduction in its floating reference rate on home loans for the existing as well as new customers. (Thu, 01 Jan 2009 09:37:32 GMT)
Q: Will mortgage rates fall further?
A: Maybe. Although a little more than 5 percent for a 30-year fixed-rate mortgage is a historic low, analysts note there is still a wide gap between mortgages and long-term Treasury securities. The gap, or spread, could narrow as the Federal Reserve and Treasury buy a significant portion of new mortgage securities issued by Fannie Mae and Freddie Mac next year. Mortgage rates could fall further, ... (Thu, 01 Jan 2009 09:58:08 GMT)
Mortgage rates lowest in 30 years
U.S. mortgage rates dropped to the lowest level in more than three decades as the government stepped up efforts to revive the housing market. (Thu, 01 Jan 2009 10:02:49 GMT)
Mortgage rates lowest in three decades
U.S. mortgage rates dropped to the lowest in more than three decades as the government stepped up efforts to revive the housing market. (Thu, 01 Jan 2009 10:47:25 GMT)
Mortgage rates drop way down
The benchmark 30-year fixed-rate mortgage fell 20 basis points, to 5.64 percent, according to the Bankrate.com national survey of large lenders. (Thu, 01 Jan 2009 11:00:00 GMT)
Mortgage rates drop way down
The year began with low mortgage rates and ended with even lower rates, and a bunch of crazy stuff happened in between. (Thu, 01 Jan 2009 11:53:35 GMT)
Miami-Dade applies new state law aimed at cutting taxes inflated by mortgage fraud
Mortgage fraud wreaked havoc in South Florida's housing market over the past several years, contributing to inflated sales prices that may have led to inflated property taxes for innocent homeowners. (Thu, 01 Jan 2009 16:39:44 GMT)
ING DIRECT's Mason named to Home Loan Bank board
The Board of Directors of the Federal Home Loan Bank of Pittsburgh has appointed John Mason, an officer of ING Bank, fsb (operating as ING DIRECT), as a member of the Bank’s Board. Mason was named to the open member director seat on the Board currently allocated to Delaware. (Thu, 01 Jan 2009 16:45:49 GMT)
ICICI cuts home, auto loan rates 50 bps
The country’s largest private sector lender, ICICI Bank, today reduced its lending rates on home and auto loans 50 basis points and deposit rates 50 to 75 basis points across various tenures with effect from December 31. (Thu, 01 Jan 2009 19:41:16 GMT)
As mortgage rates slide, applications to refinance have gone through the roof
The holidays can be slow in the mortgage business as consumers take a break to celebrate. But at Gary Akright's Addison mortgage office, the phone is ringing off the wall. (Fri, 02 Jan 2009 03:36:24 GMT)
Mortgage applications remain at 5-year highs
Mortgage applications remained at their highest level in more than five years last week, as borrowers took advantage of attractive rates and rushed to refinance their home loans. (Fri, 02 Jan 2009 05:12:54 GMT)
Waco banks seeing a boom in mortgage refinance applications
By Mike Copeland (Fri, 02 Jan 2009 05:16:49 GMT)
Question & Answer on mortgage refinancing
With mortgage rates at historic lows, lots of homeowners are debating whether to refinance their mortgages these days. True, refinancing can get you out of an adjustable-rate... (Fri, 02 Jan 2009 05:17:05 GMT)
Mortgage rates near record low keep demand at 5-year high
Demand for mortgage applications was unchanged during the Christmas holiday week, holding at the highest levels in more than five years with loan rates near record lows, an industry group said Wednesday. (Fri, 02 Jan 2009 05:31:11 GMT)
Fannie says IndyMac has $1 bln in mortgage obligations: report
Fannie Mae , the largest U.S. home funding company, believes that failed mortgage lender IndyMac has obligations to repurchase around $1 billion of home mortgages that failed to meet Fannie's standards, the Wall Street Journal said, citing people familiar with the situation. (Fri, 02 Jan 2009 06:20:59 GMT)
Indian ministry seeks lower home loan rates
NEW DELHI, Jan 2 (Reuters) - India's urban development ministry has called for additional government measures, including cuts in home loan rates, to revive the country's crumbling real estate sector. (Fri, 02 Jan 2009 07:37:23 GMT)
Residents refinancing to save money
The recent action by the Federal Reserve to lower the interest rates has filtered down to consumers and resulted in a rash of Maumelle residents taking advantage of lower mortgage rates to refinance their home loans. (Fri, 02 Jan 2009 08:19:52 GMT)
Urban development ministry seeks lower home loan rates
Urban development ministry has called for additional government measures, including cuts in home loan rates, to revive the real estate sector. (Fri, 02 Jan 2009 08:48:39 GMT)
As mortgage rates slide, applications to refinance have gone through the roof
The holidays can be slow in the mortgage business as consumers take a break to celebrate. But at Gary Akright's Addison mortgage office, the phone is ringing off the wall. (Fri, 02 Jan 2009 09:06:28 GMT)
Pound Falls Against Dollar Before Manufacturing, Mortgage Data
Jan. 2 (Bloomberg) -- The pound fell against the dollar before reports that may show U.K. manufacturing shrank last month at the fastest pace in at least 16 years and mortgage approvals matched the lowest level since at least 1999. (Fri, 02 Jan 2009 09:51:23 GMT)
U.K. Mortgage Approvals Drop to the Lowest Since at Least 1999
Jan. 2 (Bloomberg) -- U.K. mortgage approvals dropped to the lowest since at least 1999 in November and banks predict they will restrict lending further to companies and consumers as the recession causes spiralling defaults and losses. (Fri, 02 Jan 2009 10:39:02 GMT)
Mortgage approvals falls to record low
Mortgage approvals reached a new record low in November, according to the Bank of England. (Fri, 02 Jan 2009 10:54:00 GMT)
Mortgage aid begins for 8,000 in Ohio
COLUMBUS - A mortgage-modification program that could help 8,000 Ohioans stay in their homes is under way, say officials of Countrywide Financial Corp. and the Ohio attorney general's office. An additional 4,000 Countrywide customers in Ohio who have lost their homes could receive $500 to $1,500 as part of a foreclosure-relief payment program. "We will monitor [Countrywide's] progress and if ... (Fri, 02 Jan 2009 11:00:06 GMT)
U.K. Mortgage Approvals Edge Lower as Credit Conditions Remain Far From Normal
Mortgage approvals in the U.K. edged lower to 27K in November from a revised reading of 31K in previous month as falling home values paired with the ongoing turmoil in the credit market curbed demands for home investments. (Fri, 02 Jan 2009 11:24:34 GMT)
Finger-pointing follows mortgage approval falls
Opposition parties have called on the government to do more to help Britain's struggling property sector as new figures show further slips on mortgage approvals. (Fri, 02 Jan 2009 11:36:00 GMT)
Mortgage lending falls to new record low
The home loans drought has deepened with mortgage borrowing activity dropping to another record low in November and banks further restricting access to loans over the past three months. (Fri, 02 Jan 2009 11:37:29 GMT)
U.K. Pound Falls as Manufacturing, Mortgage Approvals Decline
Jan. 2 (Bloomberg) -- The pound fell against the dollar and the euro after U.K. mortgage approvals slid to the lowest level since at least 1999 and manufacturing shrank in December. (Fri, 02 Jan 2009 12:06:30 GMT)
Florida pushing tough law to combat mortgage fraud
After months of stinging criticism for letting crooks and con artists prey on Florida borrowers, regulators have proposed sweeping changes in state law that would make Florida one of the most tightly regulated mortgage markets in the country. (Fri, 02 Jan 2009 13:22:11 GMT)
As mortgage rates slide, refinancing applications take off
The holidays can be slow in the mortgage business as consumers take a break to celebrate. But at Gary Akright's Addison mortgage office, the phone is ringing off the wall. (Fri, 02 Jan 2009 13:44:39 GMT)
ING DIRECT's Mason named to Home Loan Bank board
The Board of Directors of the Federal Home Loan Bank of Pittsburgh has appointed John Mason, an officer of ING Bank, fsb (operating as ING DIRECT), as a member of the Bank’s Board. Mason was named to the open member director seat on the Board currently allocated to Delaware. (Fri, 02 Jan 2009 13:45:42 GMT)
U.K. Pound Falls as Manufacturing, Mortgage Approvals Decline
Jan. 2 (Bloomberg) -- The pound fell against the dollar and the euro and U.K. two-year gilt yields dropped to the lowest on record after mortgage approvals slid to the least since 1999 and manufacturing shrank in December. (Fri, 02 Jan 2009 14:21:20 GMT)
Best bet for a home loan now
If you dare to look out your window at houses for sale, you might be surprised at what you can buy and with how little money. Prices are falling, and inventory is plentiful; it's a buyers' market. (Fri, 02 Jan 2009 14:23:54 GMT)
Mortgage rates make for buyer’s market
Prospective home buyers are beginning to realize that opportunity in the form of falling mortgage rates is knocking on their doors. While the overall economy continues to sputter — though not as much locally as nationally — interest rates have dropped and will likely continue to do so. (Fri, 02 Jan 2009 14:51:31 GMT)
Real Estate Weekly: Texas lender says low mortgage rates are drawing buyers
Many homeowners are considering refinancing these days, now that fixed-rate mortgage rates are at lows not seen for years. The rates may even be pushing some would-be homeowners off the fence -- in some markets, anyway. (Fri, 02 Jan 2009 16:36:46 GMT)
IndyMac deal slowed by Fannie mortgage issues: source
WASHINGTON (Reuters) - The pending sale of failed mortgage lender IndyMac hit a snag as mortgage giant Fannie Mae negotiates with federal regulators over the value of about $1 billion in obligations it believes IndyMac owes it, according to a source familiar with the matter. (Fri, 02 Jan 2009 16:56:05 GMT)
IndyMac deal slowed by Fannie mortgage issues: source
WASHINGTON (Reuters) - The pending sale of failed mortgage lender IndyMac hit a snag as mortgage giant Fannie Mae negotiates with federal regulators over the value of about $1 billion in obligations it believes IndyMac owes it, according to a source familiar with the... (Fri, 02 Jan 2009 17:05:29 GMT)
Pound Has Weekly Drop Against Dollar as Mortgage Approvals Fall
Jan. 2 (Bloomberg) -- The pound slid for a third week against the dollar, the longest run of declines since September, and two- year gilt yields tumbled to the lowest level on record as reports showed U.K. mortgage approvals fell and manufacturing shrank. (Fri, 02 Jan 2009 19:03:44 GMT)
U.S. mortgage crisis prompting change
Becoming a mortgage broker in Indiana used to be easy. Too easy. There were no background checks to weed out people convicted of financial crimes, no tests to see whether brokers actually took required classes and understood the complex mortgage world. (Fri, 02 Jan 2009 19:41:32 GMT)
Mortgage rates continue to fall
As mortgage rates continue to fall, homeowners ask, should I refinance? (Fri, 02 Jan 2009 22:20:36 GMT)
Is Now a Good Time to Refinance Your Home?
FORT WAYNE, Ind (Indiana's NewsCenter)-More borrowers are taking advantage of near record low rates to refinance their homes, putting mortgage applications at the highest level in more than five-years. (Fri, 02 Jan 2009 22:45:05 GMT)
Refinancing Not Best Option For All Homeowners
With interest rates continuing to drop many homeowners are looking at refinancing but it may not make sense for everyone. (Fri, 02 Jan 2009 23:29:27 GMT)
Home Refinancing Surge
While not much of the economic news was good last year, there is one move by the federal government that is saving people money. A drop in mortgage rates has homeowners looking to refinance. (Fri, 02 Jan 2009 23:37:58 GMT)
Not Everyone Can Bank On Low Mortgage Rates
Rates have been wildly volatile over the last few weeks, and mortgage experts expect they will continue to drop, and stay low in the coming months. (Fri, 02 Jan 2009 23:59:17 GMT)
Mortgage Refinancing Advice
The ball in Times Square was not the only thing dropping on New Year’s Eve. Mortgage rates took another dip as the year came to an end. So now, with a new year beginning, is it time to refinance? Finally there’s some "good" economic news out there. Mortgage rates have been falling fast, leading to another refinancing rush. But this time around the question may not be whether you should, but ... (Sat, 03 Jan 2009 01:48:46 GMT)
Rates Are Low, But Refinancing Still Tough
Mortgage applications are up, rates have hit a 37-year low, but for many homeowners, refinancing is still far from reality. (Sat, 03 Jan 2009 01:54:08 GMT)
Mortgage lending has fallen by two thirds over the past year
Mortgage lending has crashed to a record low, it emerged yesterday. Official figures show that just 27,000 home loans were agreed in November, a third of the number made a year earlier. (Sat, 03 Jan 2009 02:07:20 GMT)
Mortgage Refinancing Advice
The ball in Times Square was not the only thing dropping on New Year’s Eve. Mortgage rates took another dip as the year came to an end. So now, with a new year beginning, is it time to refinance? Finally there’s some "good" economic news out there. Mortgage rates have been falling fast, leading to another refinancing rush. But this time around the question may not be whether you should, but ... (Sat, 03 Jan 2009 02:08:03 GMT)
Jeremy Warner: Forget mortgage borrowers, what about savers?
One of my colleagues has a tracker mortgage with Alliance & Leicester, taken out at the height of the mortgage boom, which fixes his interest rate at 0.31 per cent below bank rate and has no "collar" or "floor" to prevent the rate falling to zero if that's where bank rate ends up. With interest rates now falling like a stone – the Bank of England is expected to cut them again next week – he's ... (Sat, 03 Jan 2009 02:14:42 GMT)
Homeowners Rush to Refinance
(ABC 6 NEWS) -- Resolve to save money in 2009. Now, you can. Just this week mortgage giant Freddie Mac says the cost of borrowing has slid more than 1 percent from this summer, averaging 5 percent. (Sat, 03 Jan 2009 04:54:48 GMT)
An Erratic Year for Mortgage Rates
When it comes to mortgage rates, 2008 may be remembered as the year the market went haywire. (Sat, 03 Jan 2009 06:00:45 GMT)
Business briefs: 30-year mortgage tilts upward
SOUTHWEST FLORIDA -- The average rate for a conventional 30-year fixed mortgage on an owner-occupied, single-family home with 20 percent down on Friday afternoon was 5.625 percent, up from Thursday's rate of 5.375 percent, Sarasota's Sentinel Mortgage reported. (Sat, 03 Jan 2009 06:17:45 GMT)
PNB Housing cuts home loan rates by up to 1.75 per cent
New Delhi, Jan 2 : PNB Housing Finance Ltd, a wholly-owned subsidiary of Punjab National Bank, today said it has reduced interest rates on home loan by up to 1.75 per cent. (Sat, 03 Jan 2009 06:20:28 GMT)
Should you refinance?
As the new year starts off with an uncertain economy, homeowners are shearing their mortgage payments by taking advantage of lower interest rates. With 15-year fixed-rate mortgage rates down to 5 percent at many lenders in the Wichita area, banks are seeing an uptick in refinancing applications and inquiries. Freddie Mac reported Wednesday that interest rates for 30-year fixed-rate mortgages ... (Sat, 03 Jan 2009 07:43:33 GMT)
Should you refinance?
As the new year starts off with an uncertain economy, homeowners are shearing their mortgage payments by taking advantage of lower interest rates. With 15-year fixed-rate mortgage rates down to 5 percent at many lenders in the Wichita area, banks are seeing an uptick in refinancing applications and inquiries. Freddie Mac reported Wednesday that interest rates for 30-year fixed-rate mortgages ... (Sat, 03 Jan 2009 07:46:28 GMT)
Borrowers seeking to refinance may face challenges
With mortgage rates dropping to the lowest point in 37 years, homeowners are heading to lenders to refinance their loans (Sat, 03 Jan 2009 08:19:29 GMT)
Residents refinancing to save money
The recent action by the Federal Reserve to lower the interest rates has filtered down to consumers and resulted in a rash of Maumelle residents taking advantage of lower mortgage rates to refinance their home loans. (Sat, 03 Jan 2009 08:34:53 GMT)
Q: Are there any signals that mortgage rates will go back up?
A: While rates might fluctuate slightly, the national average for 30-year mortgages just hit a historic low for the third consecutive week. Freddie Mac said average rates on 30-year fixed mortgages fell to 5.10 percent this week, from the previous record of 5.14 percent last week. Loan applications last week remained at the highest level in more than five years, the Mortgage Bankers Association ... (Sat, 03 Jan 2009 09:58:08 GMT)
America's Extreme Home-Sale Tricks
Ten hard-to-believe things U.S. home sellers are trying to attract buyers. (Sat, 03 Jan 2009 11:12:09 GMT)
Mortgage refinancing skyrockets
With U.S. mortgage rates the lowest in 30 years, local lenders say they've seen a strong surge in loan applications as homeowners seek to refinance their mortgages in Greater Cincinnati and Northern Kentucky. (Sat, 03 Jan 2009 11:48:09 GMT)
Nationwide rule out mortgage cuts
Britain's biggest building society yesterday ruled out any more mortgage cuts. (Sat, 03 Jan 2009 12:50:44 GMT)
More Grants To Address Subprime Mortgage Crisis
The state has $2.3 million in grants available as part of ongoing efforts to address the subprime mortgage crisis. (Sat, 03 Jan 2009 15:34:50 GMT)
Mortgage crisis spurs tougher rules
INDIANAPOLIS — Becoming a mortgage broker in Indiana used to be easy. Too easy. There were no background checks to weed out people convicted of financial crimes, no tests to see whether brokers actually took required classes and understood the complex mortgage world. (Sat, 03 Jan 2009 15:58:06 GMT)
Pound Has Weekly Drop Against Dollar as Mortgage Approvals Fall
Jan. 3 (Bloomberg) -- The pound slid for a third week against the dollar, the longest run of declines since September, and two- year gilt yields tumbled to the lowest level on record as reports showed U.K. mortgage approvals fell and manufacturing shrank. (Sat, 03 Jan 2009 16:18:17 GMT)
Borrowers seeking to refinance may face challenges
With mortgage rates dropping to the lowest point in 37 years, homeowners are heading to lenders to refinance their loans. (Sat, 03 Jan 2009 16:57:17 GMT)
An Erratic Year for Mortgage Rates
When it comes to mortgage rates, 2008 may be remembered as the year the market went haywire. (Sat, 03 Jan 2009 20:26:19 GMT)
Subprime Mortgage Help | WBNG-TV Binghamton, NY | Local Top Stories
New York Governor Paterson has announced $2.3 million in grants as part of the state's ongoing efforts to address the subprime mortgage crisis. The grants announced Friday will go to nonprofit agencies for homeownership assistance and foreclosure prevention counseling, advocacy and legal services. (Sat, 03 Jan 2009 20:30:14 GMT)
Remortgaging Becoming More Popular in the Lehigh Valley and Elsewhere
var nopreviewimage = ""; if (nopreviewimage == ""){ document.write(' '); document.write(' '); document.write(' '); } Mortgage brokers are experiencing a busy winter, as American homeowners rush to refinance, thanks to record low mortgage rates. WFMZ's Jackie Shutack reports. Mortgage Calculator web link: www.pamortgagepros.com/calculate-refinance-savings.htm ... (Sun, 04 Jan 2009 00:28:27 GMT)
Home builders get creative amid industry skid
The pool of home builders is expected to shrink. (Sun, 04 Jan 2009 01:58:30 GMT)
Chrysler gets 2.7 billion government loan
NEW YORK (Reuters) - Chrysler on Friday received an initial $4 billion (2.7 billion pound) emergency loan from the U.S. government, two days after the government completed a parallel payout to its larger rival General Motors. (Sun, 04 Jan 2009 04:30:37 GMT)
Mortgage activity remains steady
The Mortgage Bankers Association has released its Weekly Mortgage Applications Survey for the week ending Dec. 26. The Market Composite Index, a measure of mortgage loan application volume, was 1,245.7, essentially unchanged, on a seasonally adjusted basis from 1,245.4 one week earlier. (Sun, 04 Jan 2009 05:18:49 GMT)
Paterson Announces More Grants to Address Subprime Mortgage Crisis
ALBANY, N.Y. (AP) -- Governor Paterson has announced $2.3 million in grants as part of the state's ongoing efforts to address the subprime mortgage crisis. (Sun, 04 Jan 2009 08:06:14 GMT)
Rock-bottom mortgage rates fueling refinancing wave
The new year is off to a good start for real estate appraiser Howard Hack. "I'm busier than I've ever been," Hack said on New Year's Eve. "I'm turning down stuff." Sure, home sales are increasing. Last year's total will surpass 2007's record low, but this isn't what's keeping Hack busy. (Sun, 04 Jan 2009 08:07:19 GMT)
Signing on to help with loan carries risks
Question: My wife is considering using herself as a co-signer for her mother on a new house. Since her mother does not make much money, my wife thought that she could help her mother qualify for a larger loan amount. (Sun, 04 Jan 2009 08:09:33 GMT)
Mortgages: You can get a home loan
House Keys' first post of 2009 comes courtesy of Michele Bellisari of Realty Associates Florida Properties in Boca Raton . She wants to set the record straight. (Sun, 04 Jan 2009 08:10:38 GMT)
Mortgage rates hit 37-year low
SANDUSKY Homeowners and homebuyers finally received some good news -- the 30-year fixed mortgage rate has sagged to its lowest point in 37 years. (Sun, 04 Jan 2009 08:29:56 GMT)
Residents refinancing to save money
The recent action by the Federal Reserve to lower the interest rates has filtered down to consumers and resulted in a rash of Maumelle residents taking advantage of lower mortgage rates to refinance their home loans. (Sun, 04 Jan 2009 08:34:52 GMT)
Refinancing your home might sound like a great idea for Genesee County homeowners, but make sure to know the ins and ...
Flint Journal extras: Look below for information on whether refinancing your home is right for you. GENESEE COUNTY, Michigan -- You've heard about those historic low mortgage rates and, boy, you'd sure love to refinance and save yourself some cash... (Sun, 04 Jan 2009 10:09:20 GMT)
Taking credit for first-time home purchase
Last summer, the federal government threw first-time homebuyers a big bone: An income-tax credit of up to $7,500 for buying a place to live. But like all tax rules, it's slightly complicated and you'll have to close on your home purchase by July to take advantage of it. (Sun, 04 Jan 2009 10:15:19 GMT)
Apollo Home Mortgage opens Hibbing branch
HIBBING — Surprisingly, given all the negative national press about home foreclosures and a crisis in the home mortgage industry, now is a “very good time to seek a home mortgage,” according to Bobbi Jo Amic, senior loan officer for the new Apollo Home Mortgage Group office recently opened at 2208 First Ave. (Sun, 04 Jan 2009 12:14:57 GMT)
Waverly mortgage company goes from lender to mender
WAVERLY --- When Randy and Julie Lee launched their Open Mortgage franchise, their idea was to fit would-be homeowners with the right deal to get them a house. (Sun, 04 Jan 2009 12:15:42 GMT)
Don't miss the refinance window
CHICAGO - Lured by low mortgage rates, many homeowners have been rushing to refinance. Interest is gaining for good reason: Eligible borrowers can lock in rates that haven't been this attractive in decades. (Sun, 04 Jan 2009 13:03:49 GMT)
You must be logged in to rate this story.
SEAFORD , Del. - Mortgage rates are at a 37-year low and many homeowners are taking advantage of the dip in interest rates to refinance. Lenders say December was their best month in six months. (Sun, 04 Jan 2009 15:43:25 GMT)
ING DIRECT's Mason named to Home Loan Bank board
The Board of Directors of the Federal Home Loan Bank of Pittsburgh has appointed John Mason, an officer of ING Bank, fsb (operating as ING DIRECT), as a member of the Bank’s Board. Mason was named to the open member director seat on the Board currently allocated to Delaware. (Sun, 04 Jan 2009 15:46:03 GMT)
Banks expand house loan preferences to cut debtor burden
BEIJING - Major Chinese lenders are expanding a preferential policy on house loan interests to cut the burden of the country's home buyers hit by the spreading financial crisis. (Sun, 04 Jan 2009 16:10:57 GMT)
Peter Boutell, Lending a Hand: Some factors to consider when refinancing
The Fed's promise to spend $500 billion to buy mortgage-backed securities beginning in January has created historically low mortgage rates. (Sun, 04 Jan 2009 16:15:19 GMT)
Mortgage blow for homeowners
BRITAIN’S biggest building society has ruled out further mortgage rate cuts for thousands of struggling homeowners. Nationwide said that it would not pass on any more reductions to about 250,000 families struggling to survive the recession. (Sun, 04 Jan 2009 21:35:38 GMT)
Don't miss the refinance window
CHICAGO - Lured by low mortgage rates, many homeowners have been rushing to refinance. Interest is gaining for good reason: Eligible borrowers can lock in rates that haven't been this attractive in decades. (Sun, 04 Jan 2009 23:17:16 GMT)
State mortgage help widened
The government extends state help for people struggling to make mortgage payments after losing their jobs. (Mon, 05 Jan 2009 00:06:00 GMT)
More help for mortgage strugglers
State help for people struggling to pay the mortgage after losing their job has been extended in a bid to cushion the blow of the recession, the Government has announced. (Mon, 05 Jan 2009 00:33:41 GMT)
(AFX UK Focus) 2009-01-05 00:30 China banks begin offering reduced mortgage rates - Xinhua
BEIJING (XFN-ASIA) - China's major commercial banks are beginning to offer mortgage rates for eligible borrowers at 70 pct of the benchmark rate from 80 pct, in accordance with a central bank ruling late last year, the official Xinhua news agency reported. (Mon, 05 Jan 2009 00:59:50 GMT)
Banks expand house loan preferences to cut debtor burden
Major Chinese lenders are expanding a preferential policy on house loan interests to cut the burden of the country's home buyers hit by the spreading financial crisis. (Mon, 05 Jan 2009 01:06:02 GMT)
Chinese banks expand house loan preferences to cut debtor burden
Major Chinese lenders are expanding a preferential policy on house loan interests to cut the burden of the country's home buyers hit by the spreading financial crisis. For individuals who bought houses on mortgage lending before Oct. 27, 2008 and have not paid off the loans, their credit interest rates could be reduced to 70 percent of the benchmark rate from the previous 85 percent, customer ... (Mon, 05 Jan 2009 02:24:23 GMT)
Apollo Home Mortgage opens Hibbing branch
HIBBING — Surprisingly, given all the negative national press about home foreclosures and a crisis in the home mortgage industry, now is a “very good time to seek a home mortgage,” according to Bobbi Jo Amic, senior loan officer for the new Apollo Home Mortgage Group office recently opened at 2208 First Ave. (Mon, 05 Jan 2009 03:30:27 GMT)
Church celebrates paying off mortgage
Congregants gathered Sunday afternoon at Heart of God Ministries in Beckley to enthusiastically celebrate paying off a 20-year mortgage in less than five years for the second time in eight years. (Mon, 05 Jan 2009 03:48:06 GMT)
New Year's Resolutions: Fix Your Finances
If your New Year's resolutions concern improved money management, you're in luck: This past year saw the introduction of several new Web-based personal-finance sites and useful upgrades to older ones. Almost all are free, supported by marketing tie-ins to various offers that might help in your endeavors--a credit card with a lower interest rate, for example, or a favorable mortgage refinance. (Mon, 05 Jan 2009 04:00:00 GMT)
Buyers Market for Denver Home Sales
DENVER - Interest free loans for HUD owned homes, the lowest mortgage rates in 55 years, and home prices that are holding their value better than all but two metro areas in the United States are all reasons why Denver-area Realtors are getting their open house signs up every weekend. (Mon, 05 Jan 2009 04:17:29 GMT)
Egbert Perry will help fix mortgage giant Fannie Mae
Atlanta-based urban developer Egbert Perry has joined the board of troubled mortgage giant Fannie Mae, whose near collapse four months ago threatened to sink America’s housing market. (Mon, 05 Jan 2009 05:17:33 GMT)
Triad mortgage brokers wait for a bump in activity
The drop in mortgage interest rates sparked by the dramatic cut in the key federal funds rate in December has yet to translate into a big bump in Triad home lending activity, according to area brokers. (Mon, 05 Jan 2009 05:43:48 GMT)
Falling mortgage rates draw interest
LAS CRUCES — For three consecutive weeks, rates on 30-year mortgages have fallen to record lows and people across the nation are taking advantage. Last week the Mortgage Bankers Association reported mortgage applications were at the highest level in more than five years. (Mon, 05 Jan 2009 07:09:35 GMT)
Home sales are up but prices are falling; who's buying houses?
First-time home buyers Andrew and Kaori Nielson made a deal on a two-bedroom San Jose townhouse last month, even though they knew that property values are falling. Search database of investor-owned homes Real estate news (Mon, 05 Jan 2009 08:11:53 GMT)
Residents refinancing to save money
The recent action by the Federal Reserve to lower the interest rates has filtered down to consumers and resulted in a rash of Maumelle residents taking advantage of lower mortgage rates to refinance their home loans. (Mon, 05 Jan 2009 08:34:52 GMT)
Jumbo mortgage loan rates put damper on refinancing
While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative transactions. (Mon, 05 Jan 2009 08:40:01 GMT)
Mortgage assistance boost takes effect
More homeowners who are facing difficulties paying their mortgage after losing their job can now claim government help. (Mon, 05 Jan 2009 08:48:17 GMT)
Waverly mortgage company goes from lender to mender
WAVERLY --- When Randy and Julie Lee launched their Open Mortgage franchise, their idea was to fit would-be homeowners with the right deal to get them a house. (Mon, 05 Jan 2009 10:31:27 GMT)
Chinese banks expand house loan preferences to cut debtor burden
Major Chinese lenders are expanding a preferential policy on house loan interests to cut the burden of the country's home buyers hit by the spreading financial crisis. (Mon, 05 Jan 2009 10:38:04 GMT)
Jobless to get extra help with mortgage payments
Extra help for mortgage payers who lose their jobs comes into force on Monday amid fears that 75,000 homes could be repossessed this year as the economic downturn bites. (Mon, 05 Jan 2009 11:00:00 GMT)
Low mortgage rates don’t entice buyers
As mortgage rates continue to flirt with 30-year lows, local lenders say they’re seeing a definite uptick in refinancing inquiries, but the historic low rates have done little to convince on-the-fence home buyers to re-enter the market. (Mon, 05 Jan 2009 11:06:43 GMT)
Banks face higher loan losses
(Reuters) - UK banks in 2009 will struggle to reverse a long period of underperformance with key operating economies deep in recession and as the banks face sharply higher loan losses, analysts at Deutsche Bank, who cut the price target on four companies in the sector, said. (Mon, 05 Jan 2009 11:44:56 GMT)
Mortgage foreclosures continue to rise in NH
CONCORD, N.H. - The number of home mortgage foreclosures has been climbing for several years in New Hampshire, with the last few years showing a dramatic spike. In Merrimack... (Mon, 05 Jan 2009 12:05:52 GMT)
Mortgage foreclosures continue to rise in NH
Associated Press - January 5, 2009 7:05 AM ET CONCORD, N.H. (AP) - The number of home mortgage foreclosures has been climbing for several years in New Hampshire, with the last few years showing... (Mon, 05 Jan 2009 12:19:50 GMT)
Mortgage rationing gets tougher
Mortgage lenders are continuing to demand larger deposits as they ration home loans to their customers. (Mon, 05 Jan 2009 12:21:13 GMT)
Higher Loan Losses Seen For J.P. Morgan; Analysts Trim View
Higher Loan Losses Seen For J.P. Morgan; Analysts Trim View (Mon, 05 Jan 2009 14:09:18 GMT)
Bond Report: Treasurys move higher as Fed buys mortgage bonds
Short-term Treasurys gain, pushing yields down after the Federal Reserve said it had begun buying mortgage-backed securities. Thirty-year bond yields jump to above 3%. (Mon, 05 Jan 2009 14:51:56 GMT)
ING DIRECT's Mason named to Home Loan Bank board
The Board of Directors of the Federal Home Loan Bank of Pittsburgh has appointed John Mason, an officer of ING Bank, fsb (operating as ING DIRECT), as a member of the Bank’s Board. Mason was named to the open member director seat on the Board currently allocated to Delaware. (Mon, 05 Jan 2009 15:16:34 GMT)
Home sales are up but prices are falling: Who's buying houses?
Current home shoppers, experts say, generally fall into two camps '” first-time home buyers and investors. Almost all other buyers remain on the sidelines, either because they're unable to qualify for low-interest loans or because their current home has lost so much value they don't have enough equity for a down payment on a new one. (Mon, 05 Jan 2009 15:25:52 GMT)
Fed starts program to buy illiquid mortgage assets
The Federal Reserve Bank of New York announces it has begun buying illiquid mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac and Ginnie Mae as part of an earlier announced $500 billion program. . (Mon, 05 Jan 2009 15:37:36 GMT)
Reducing the cost of refinancing
Question: I'm refinancing my mortgage, and my lender tells me that I need to get a new title insurance policy, which will cost more than a thousand dollars. We haven't made any changes to our home, and there aren't any outstanding liens on the property. (Mon, 05 Jan 2009 15:56:00 GMT)
Refinancing for less
Question: I'm refinancing my mortgage, and my lender tells me that I need to get a new title insurance policy, which will cost more than a thousand dollars. We haven't made any changes to our home, and there aren't any outstanding liens on the property. Is there any way around this fee? (Mon, 05 Jan 2009 16:05:36 GMT)
NY Fed begins purchasing mortgage securities
The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. The program, initially announced Nov. 25, allows the Fed to spend $500 billion to buy mortgage-backed... (Mon, 05 Jan 2009 16:21:07 GMT)
Fed starts program of purchases of mortgage securities
The Federal Reserve said Monday it began buying troubled mortgage securities through investment managers, kicking off a program expected to spend up to 500 billion dollars to ease a credit crisis. (Mon, 05 Jan 2009 16:23:24 GMT)
NY Fed Begins Buying Mortgage Securities
The Fed will start purchasing mortgage-backed securities from Fannie and Freddie as part of a new plan. (Mon, 05 Jan 2009 16:36:27 GMT)
New York Fed Begins Purchases of Agency Mortgage Debt (Update2)
Jan. 5 (Bloomberg) -- The Federal Reserve Bank of New York started buying mortgage-backed securities today as part of a $500 billion program to support the U.S. housing market. (Mon, 05 Jan 2009 17:09:10 GMT)
Non-Agency Mortgage Bonds Rallied as Rates Declined (Update1)
Jan. 5 (Bloomberg) -- U.S. mortgage bonds without government support rose last month, as lower home-loan rates boosted investor demand. Securities initially rated AAA and backed by prime- jumbo mortgages with five years of fixed rates climbed 5 cents on the dollar in December to 75 cents, according to JPMorgan Chase & Co. data. (Mon, 05 Jan 2009 17:17:36 GMT)
Non-Agency Mortgage Bonds Rallied as Rates Declined (Update1)
Jan. 5 (Bloomberg) -- U.S. mortgage bonds without government support rose last month, as lower home-loan rates boosted investor demand. Securities initially rated AAA and backed by prime- jumbo mortgages with five years of fixed rates climbed 5 cents on the dollar in December to 75 cents, according to JPMorgan Chase & Co. data. (Mon, 05 Jan 2009 17:24:24 GMT)
Mortgage foreclosures continue to rise in NH
The number of home mortgage foreclosures has been climbing for several years in New Hampshire, with the last few years showing a dramatic spike. (Mon, 05 Jan 2009 17:26:41 GMT)
Falling mortgage rates draw interest from local homeowners
LAS CRUCES — For three consecutive weeks, rates on 30-year mortgages have fallen to record lows and people across the nation are taking advantage. Last week the Mortgage Bankers Association reported mortgage applications were at the highest level in more than five years. (Mon, 05 Jan 2009 17:30:01 GMT)
Refinancing your home mortgage?
Berks County, PA - Have you recently or are you thinking about refinancing your home mortgage to take advantage of lower interest rates? If so, we'd like to talk to you for a story we're now working on. (Mon, 05 Jan 2009 18:18:19 GMT)
2 NY mortgage firms agree to restitution
Two New York mortgage brokerage firms have agreed to pay $665,000 in restitution after it was found that they charged higher fees to black and Hispanic borrowers. (Mon, 05 Jan 2009 18:54:51 GMT)
Federal Home Loan Bank of Atlanta Announces Results of 2009 Board of Directors Leadership and Independent Directors ...
Federal Home Loan Bank of Atlanta today announced the results of the 2009 elections for the chairman, vice chairman and independent director positions on the board of directors. (Mon, 05 Jan 2009 19:28:00 GMT)
NY Fed begins purchasing mortgage securities
The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. (Mon, 05 Jan 2009 19:58:47 GMT)
Mortgage Rates At 37- Year Low
Mortgage rates have hit a 37 year low, which could mean good news for those looking to buy a home or refinance. Mortgage rates have been falling for nine straight weeks, putting 30 year fixed rates at 5.10%. So is now the best time to refinance? (Mon, 05 Jan 2009 21:45:16 GMT)
Non-Agency Mortgage Bonds Rallied as Rates Declined (Update2)
Jan. 5 (Bloomberg) -- U.S. mortgage bonds without government support rose last month, as efforts by the Federal Reserve and Treasury Department to lower home-loan rates boosted investor demand. (Mon, 05 Jan 2009 22:55:14 GMT)
Now May Be Good Time To Refinance Home
There aren't many bright spots in this economic recession, but one might be the fact that mortgage rates are at near record lows. (Mon, 05 Jan 2009 23:37:43 GMT)
New York Fed Begins Purchases of Agency Mortgage Debt (Update3)
Jan. 5 (Bloomberg) -- The Federal Reserve Bank of New York started buying mortgage-backed securities today as part of a $500 billion program to support the U.S. housing market. (Mon, 05 Jan 2009 23:39:05 GMT)
Lawmakers set new mortgage bankruptcy bill
WASHINGTON (Reuters) - Legislation designed to stem foreclosures by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional Democrats on Tuesday, and hopes are high that it will pass after a similar plan failed last year. (Tue, 06 Jan 2009 00:31:17 GMT)
Galaxy Confirm Donovan Loan
The following is a press release from Major League Soccer -- CARSON, CA (Jan 5, 2008) USSoccerPlayers -- The LA Galaxy and German Bundesliga club Bayern Munich have reached an agreement that will allow Galaxy forward Landon Donovan to join the club on loan. Donovan's loan spell with the club will commence immediately, with the player scheduled to return to Los Angeles on March 8, two weeks ahead ... (Tue, 06 Jan 2009 01:19:25 GMT)
Cuomo: Firms settle mortgage discrimination charges
Two mortgage brokerages have agreed to pay $665,000 in restitution to settle allegations they charged about 455 black and Latino borrowers higher fees than white borrowers with comparable circumstances, the state attorney general said Monday. (Tue, 06 Jan 2009 01:20:48 GMT)
Low Mortgage Interest Rates
As the economy has slowed, mortgage interest rates have fallen to their low read more (Tue, 06 Jan 2009 01:27:15 GMT)
Falling mortgage rates draw interest from local homeowners
LAS CRUCES — For three consecutive weeks, rates on 30-year mortgages have fallen to record lows and people across the nation are taking advantage. Last week the Mortgage Bankers Association reported mortgage applications were at the highest level in more than five years. (Tue, 06 Jan 2009 02:15:31 GMT)
Home Refinancing Is Up In The Triangle
The weak economy has driven interest rates to record low levels, which has caught the eye of some homeowners looking to refinance. Here in the Triangle, refi’s are up because there's still plenty of money out there to lend; but there's a catch. Mortgage officers say the criteria is tighter and lenders aren't offering specialty products like no income loans anymore. In other words, they're ... (Tue, 06 Jan 2009 02:43:49 GMT)
As Interest Rates Drop, Interest in Refinancing Jumps
Mortgage consultants say a growing number of people want to take advantage of lower interest rates. (Tue, 06 Jan 2009 03:38:41 GMT)
Mortgage advice through email
A mortgage firm has been launched offering free advice on home loans to people through email. (Tue, 06 Jan 2009 04:33:31 GMT)
Mortgage Help Scam Now Costing Couple Their Home
When Minnesota families sit down to balance their budget, many are finding money to pay for their home just isn't there. That's why foreclosure consulting companies across the country are reaching out to help homeowners. But that help is sometimes costing folks their homes. (Tue, 06 Jan 2009 04:49:23 GMT)
1 2 3 4 5 6 7 Next
May 2012 | Apr 2012 | Mar 2012 | Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Jan 2011 | Dec 2010 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Apr 2008 | Mar 2008 | Feb 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006 | Jun 2006 | May 2006 | Apr 2006 | Mar 2006 | Feb 2006
online health insurance |
realtor |
vehicle donation information |
long term elder care |
pet loss site |
skin care |
find alternative medicine |
here |
gift |
nightlife guide |
online loan finder |
cars |
real estate builder |
wedding service directory |
cool UK site |
click here |
directory of realtors |
security home |
plastic surgery site |
Bankruptcy Guide |
accounting site |
buy insurance |
addiction treatment centers |
mortgages |
car rental site
