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News results for Mortgage

Mortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.biz
Sat, 04 Feb 2012 15:16:49 -0800

Mortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.biz Home mortgage rates have set yet another record, dropping to new lows for 30 year fixed, 15 year fixed, and 5 year ARM home loans, according to mortgage rate research website, BurlingtonMortgage.biz. "Around the holidays refinancing or buying a home just isn't on most people's radars" explains Nat ...

Mortgage Tornado Warning, Unheeded
Sat, 04 Feb 2012 12:17:46 -0800

Inspired by a personal experience, a businessman began delving into the practices of the mortgage industry, including Fannie Mae. His findings have been prescient.

Reverse mortgage may be best option for elderly homeowner
Sun, 05 Feb 2012 00:03:21 -0800

A reverse mortgage would enable an 82-year-old woman who needs cash to tap the substantial equity in her home. Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she's running out of money. She has lived a very minimal lifestyle for many years as her savings dwindled, and her income is now basically Social Security. She owes $25,000 on a ...

Risky Mortgage-Bond Trading Rise May Invite Fed Sale
Fri, 03 Feb 2012 14:44:36 -0800

Trading in the riskiest mortgage-backed securities has more than doubled since the start of the year, encouraging once-shy investors to try to strike deals with motivated sellers, including the Federal Reserve Bank of New York.

Challenging Economy Continues to Weigh on Mortgage Insurers
Fri, 03 Feb 2012 05:20:00 -0800

NEW YORK, NY-- - Expectations for Mortgage Insurers remain poor in 2012 as significant weakness remains in the jobs and housing markets. In late January, S&P lowered its outlook on three mortgage insurers ...

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Created on September 27, 2008. Stats are updated every few hours.