Mortgage lenders have raised the bar on what it takes to qualify for a home loan the last couple of years, but shopping for a loan online has actually gotten a bit easier, if not necessarily less confusing.
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August 31 2008 | Home Loan Mortgage Blog | No Comments »
WASHINGTON — You might assume that with home purchases and new mortgage volume off by 30 percent or more in many markets during the past year, loan fraud would be down as well.
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August 30 2008 | Home Loan Mortgage Blog | No Comments »
WASHINGTON - Interest rates on 30-year mortgages fell for the second straight week, declining to the lowest level in more than a month. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dropped to 6.40 percent this week, down from 6.47 percent last week.
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August 29 2008 | Home Loan Mortgage Blog | No Comments »
If you think that it’s impossible to purchase an Aventura home with your limited budget, then you are in for a shocking surprise. Actually, there is a way to boost your funding for a home acquisition without putting you into a financial hurdle paying for it — and this is through mortgage loans.
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August 28 2008 | Home Loan Mortgage Blog | No Comments »
Thinking of debt consolidation? Talk to us Debt consolidation companies can provide a valuable service to consumers overloaded with overdue bills. But consumer advocates warn the public to be careful when choosing a debt consolidation company.
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August 28 2008 | Home Loan Mortgage Blog | No Comments »
Freddie Mac: 30-yr Mortgage Rate Eases On Weak Economy
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August 28 2008 | Home Loan Mortgage Blog | No Comments »
American homeowners are better informed about their mortgages than they were a year ago, but many remain ignorant. More than one in four (26 percent) still don’t know the exact nature of their home loan.
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August 27 2008 | Home Loan Mortgage Blog | No Comments »
Many consumers reach a point in their lifetimes when they have too much debt, particularly credit card and other forms of unsecured debt. Fortunately, there are potential solutions for people who are overwhelmed by debt.
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August 26 2008 | Home Loan Mortgage Blog | No Comments »
A top official warned of widening loan fraud in 2004, but the agency focused its resources elsewhere. Long before the mortgage crisis began rocking Main Street and Wall Street, a top FBI official made a chilling, if little-noticed, prediction: The booming mortgage business, fueled by low interest rates and soaring home values, was starting to attract shady operators and billions in losses …
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August 26 2008 | Home Loan Mortgage Blog | No Comments »
Aug. 26 (Bloomberg) — Freddie Mac and Fannie Mae bought home loans and mortgage securities at a slower pace last month as a combined $14.9 billion in net losses in the past four quarters depleted their capital.
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August 26 2008 | Home Loan Mortgage Blog | No Comments »