IS REFINANCING YOUR MORTGAGE WORTH IT?
BY ALEX VEIGA The interest rate pendulum has swung in favor of homeowners again. A steady decline in recent weeks brought down the average rate …
Posts in category Mortgage
US PENDING HOME SALES RISE MODESTLY IN SEPTEMBER
BY JOSH BOAK WASHINGTON (AP) – The number of Americans signing contracts to buy homes ticked up only slightly in September, as it remained difficult …
Your homeownership choice: fixed or adjustable-rate mortgage?
Adjustable-rate mortgages got a bad rap after the housing bust. Many homebuyers used the low initial interest rates on adjustable loans to keep payments low, …
Tips for buying a home in today’s market
(StatePoint) — If you’re considering buying a home, some experts think you should get a move on it. Interest rates are at 65-year record lows …
Obama holds unveils new foreclosure plan
WASHINGTON (AP) _ President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration’s latest …
HUD probing reports of race bias by 22 mortgage lenders
Associated Press LOS ANGELES — Federal officials have launched an investigation to determine whether 22 mortgage lenders have been discriminating against qualified African-American and Latino …
Attorney general takes on mortgage scams
Homeowner Michael Cunningham bought into his Miami Gardens neighborhood in 2003, during the height of the real estate boom. To cover the $75,000 cost, Cunningham …