Federal constraints imposed earlier this decade on government-sponsored mortgage investors should be blamed for the proliferation of high-risk loans and price escalation followed by foreclosures — the bubble and bust — that has slammed the nation’s housing market, according to a study released Wednesday.
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July 31 2008 | Home Loan Mortgage Blog | No Comments »
WASHINGTON -(Dow Jones)- The Federal Trade Commission Thursday said it has set up an information line for customers who purchased debt-management services from a debt-consolidation company the agency fined for deceptive practices.
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July 31 2008 | Home Loan Mortgage Blog | No Comments »
WASHINGTON, July 31 (UPI) — Interest rates for 30-year, fixed-rate mortgages declined in the United States in the last week, the Federal Home Loan Mortgage Corp. said Thursday.
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July 31 2008 | Home Loan Mortgage Blog | No Comments »
If you are having problems settling your financial resources in acquiring a home in Aventura real estate, then there are only two options left for you to take: postpone the project and save some more or you can apply for a mortgage loan to fund your purchase.
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July 27 2008 | Home Loan Mortgage Blog | No Comments »
Mortgage rates shot up this week with 30-year mortgages climbing to the highest level in nearly a year.
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July 27 2008 | Home Loan Mortgage Blog | No Comments »
Against a backdrop of the credit crunch and tumbling house prices, a harsh light is being shone on goings-on in the world of mortgage advice. Much of it relates back to when the housing market was going gangbusters, and some greedy and unscrupulous mortgage brokers lied and committed fraud in order either to secure loans for themselves or to earn bumper fees.
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July 26 2008 | Home Loan Mortgage Blog | No Comments »
Northern Rock , HBOS and Royal Bank of Scotland on Friday became the latest lenders to cut mortgage rates, in a further sign that the market is improving for borrowers.
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July 26 2008 | Home Loan Mortgage Blog | No Comments »
Halifax has cut several of its mortgage loan rates for the third time this month.
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July 25 2008 | Home Loan Mortgage Blog | No Comments »
Interest rates haven’t been this low for decades, tempting some consumers to take on additional debt to ease existing credit woes. The goal is to consolidate various higher-interest balances into one, easier-to-handle and less-costly package.
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July 25 2008 | Home Loan Mortgage Blog | No Comments »
Fort Lauderdale is one of the romantic cities in all of Florida. Aptly dubbed as the Venice of America, the city is well-known for its waterways and canals akin to its cousin half a world away. The city is the perfect place to be if you want to start your life in a new home in a new place.
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July 24 2008 | Home Loan Mortgage Blog | No Comments »