Mortgage rates fall to 4.95%
Mortgage applications rose 0.5 percent.
Read more on The Arizona Republic
Arbor Closes $1.4M Loan For Hyde Park Apartments
A 16-unit complex known as Pyramid Apartments in Hyde Park has received a $1.4 million Fannie Mae loan from Arbor Commercial Funding, a subsidiary of Arbor Commercial Mortgage LLC of Uniondale, N.Y.
Read more on Banker [...]
Lloyds Banking Group to Double Mortgage Overpayments
From 13th March, Lloyds Banking Group, the leading UK mortgage lender, will launch a new scheme that will allow all customers with a variable rate mortgage to overpay their mortgages by up to 20% with no financial penalty.
Read more on PR Newswire via Yahoo! Finance
Mortgage Rate Trend Index
Will rates [...]
Why do you apply for a credit card?
Readers say what features are most important when they apply for a new credit card. Do you agree?
Read more on Bankrate.com via Yahoo! Finance
States may ban credit checks on job applicants
It’s hard enough to find a job in this economy, and now some people are facing another hurdle: [...]
Home loan demand nudge higher in latest week
U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
Read more on Reuters via Yahoo! News
Mortgage troubles, even after losing in foreclosure
Local experts say foreclosures have displaced nearly 90,000 Minnesotans [...]
Owner of Legacy Lending pleads guilty in $20 million mortgage scam
On March 2, in federal court in St. Paul, the 30-year-old part owner of Legacy Lending pleaded guilty to participating in a mortgage fraud scheme that involved 37 separate real estate transactions and $20 million in loan proceeds.
Read more on Osseo-Maple Grove Press
Mortgage pain on [...]
(AFX UK Focus) 2010-03-08 17:32 Pressure builds for US mortgage loan write-downs
By Corbett B. Daly
Read more on Interactive Investor
Landing a job won’t solve all your problems
With the unemployment rate at about 10%, you’d think landing a job in times like these would be enough to make anyone unequivocally happy. But a long-term period of unemployment [...]
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) — Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more on Bloomberg
Can’t make your mortgage? Get an emergency loan
The [...]
If you are on the market for a mortgage you will soon find out, if you haven’t already, that the current mortgage rate is only current for that day and sometimes even for just for that hour.
This is well worth taking into consideration when you take out your mortgage.
The current mortgage rate, as with other [...]
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