|
BRIEF: Mortgage Applications Rise on RefinancingLoanSafe(Source: The Philadelphia Inquirer (MCT) — Continuing declines in fixed interest rates prompted a 9.2 percent increase in mortgage applications last week, the Mortgage Bankers Association reported Wednesday. Most of the increase came, however, ... |
|
Southern California Home Sale Prices Up In AprilMortgageorbThe jumbo loan market has yet to recover, and the use of plain-vanilla adjustable-rate mortgages remains far below normal. Lots of homeowners are underwater, and the market remains awash in uncertainty over the economy, home prices, and the way lenders ...and more » |
|
Report: US home foreclosures down AprilABC30.comA $25 billion settlement reached in February between the nation's biggest mortgage lenders and state officials has since cleared the way for banks to take action on unpaid mortgages. In California, Arizona, Nevada and many other so-called non-judicial ...and more » |
|
Ex-lawyer pleads guilty in RI to Ponzi schemeCBS NewsPROVIDENCE, RI — A former lawyer from Massachusetts has pleaded guilty to federal charges in Rhode Island that he used the proceeds from mortgages obtained by his clients to run a Ponzi scheme worth nearly $602000. Federal prosecutors said Wednesday ...and more » |
|
Foreclosures Reach Lowest Level Since 2007WBOC TV 16On average, short sales sell for about 80 percent of their value, according to the Mortgage Bankers Association. By this measure, short sales amount to the light at the end of the long, dark tunnel through which the US housing market has been slowly ...and more » |
|
Nationwide cuts mortgage and NewBuy ratesMortgage StrategyTracie Pearce, head of group mortgages product and pricing at Nationwide, says: “At a time when many lenders are increasing their rates, we're pleased to offer our customers some good news by continuing to reduce ours. It's particularly welcome for ... |
|
US 30-year mortgage rate falls to record 3.79 pct.OcalaBy MARCY GORDON AP Business Writer WASHINGTON - Average 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 ...and more » |
December 4, 2008
· Filed under Uncategorized
Comments are closed.
Subscribe by RSS