Category Archives: Mortgage News

By Ken Harney WASHINGTON — Thousands 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 … Continue reading →

The Complaint alleges that Citibank and Midland Mortgage routinely force-place excessive amounts of flood insurance on borrowers, and improperly arrange for commissions for themselves or their affiliates on force-placed policies. Syracuse, NY (PRWEB) May 18, 2012 On May 17, 2012, … Continue reading →

Fixed mortgages for 30-year loan dips to 3.79 percent; 15-year loan averages. 3.04 percent. But record low rates on fixed mortgages have not ignited home sales. By Marcy Gordon, AP Business Writer / May 18, 2012 A San Jose, Calif., home … Continue reading →

Everyone in this day and age really needs to keep a close eye on mortgages in the UK, we try to look for the best mobile apps and a new one to hit the Apple App Store is the free … Continue reading →

RATES DROP AGAIN: Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week, according to a survey by mortgage buyer Freddie Mac. RECORD LOWS: The rate on the 30-year mortgage, the most … Continue reading →

Germany’s multi-family housing market is set to have the most deals in five years as investors including private-equity firms are forced to sell almost 100,000 apartments to pay debt amassed in last decade’s buyout boom. There were 2.9 billion euros … Continue reading →

Enlarge image Foreclosures Plunge to Five-Year Low Joshua Lott/Bloomberg A JL Berry Co. for sale sign hangs outside of a home that is in foreclosure in Phoenix, Arizona. A JL Berry Co. for sale sign hangs outside of a home … Continue reading →

By Amy Hoak, MarketWatch CHICAGO (MarketWatch) — Fixed-rate mortgage rates hit yet another set of record lows this week, with the 30-year fixed-rate mortgage averaging 3.79% in Freddie Mac’s weekly survey of conforming mortgage rates. The mortgage averaged 3.83% last … Continue reading →

Good news, bad news: New mortgage-delinquency problems are back to normal levels in Maryland, but the older cases — borrowers seriously behind on their loans — aren’t receding. Worse news: The state has the nation’s 15th highest share of borrowers … Continue reading →

Homeowners in Iowa and the rest of the country are catching up on their mortgages. A survey released Wednesday showed that 4,169 fewer Iowa homeowners were past due on their monthly payments at the end of the first quarter, as … Continue reading →