Latest News in Mortgages and Home Loans- May 04, 2010

Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.

Mortgage Interest Rates Remain Near Record Lows
Even though the economy is showing signs of recovery, mortgage interest rates remain relatively low. Indeed, throughout the first quarter of 2010, mortgage rates stayed right around 5%, reports NuWire Investor:
?Rates on 30-year fixed-rate mortgages during the first quarter remained low, averaging 5.0 percent in Freddie Mac?s Primary Mortgage Market Survey,? said Frank [...]

Consumers Help Economic Expansion, But Recovery Likely to Remain Slow
Image by Getty Images via Daylife

The latest numbers about economic growth are in for Quarter 1 of 2010, and the news is a little disappointing. Yes, the economy grew, but it didn’t grow as much as hoped. And it grew at a slower pace than in Quarter 4 of 2009. However, there is a silver [...]

Today is the Last Day for the Home Buyer Tax Credit
Image by Getty Images via Daylife

Today is the last day for the home buyer tax credit. If you want to take advantage of this tax credit, you will have to be under contract by today. If you are in the process of buying a home, now is a good time to get things almost wrapped [...]

4 Tips for Getting the Best Mortgage for You
Your best bet is to plan out what you can afford in a mortgage payment, and then shop around for the best mortgage for you. Here 4 tips that can put you in a good position when it comes to getting a favorable mortgage rate.

What if Your Mortgage Payment is Too High?
Image by Getty Images via Daylife

Even though the foreclosure crisis is abating somewhat, and the housing market appears to be picking up a little bit, not everyone is out of the woods. Indeed, some mortgages are still re-setting, and others have found themselves out of work, or with cut hours. Between the expiration of interest [...]

Mortgage Fraud Grows at a Slower Pace in 2009
Image by Getty Images via Daylife

In 2008, there was a 26% increase in mortgage fraud among home loans. In 2009, though, that number was 7%. So, even though mortgage fraud is still a reality, it’s one that is becoming less of a reality. Part of the reason for the decrease in mortgage fraud comes as [...]

Book Review: Buying a Home: The Missing Manual
This is one of the best buyer’s markets in quite some time. It’s tempting to buy a house right now. But before you rush off to buy, it might be a good idea to read this great book, Buying a Home: The Missing Manual, by Nancy Conner.
Buying a Home follows a logical course of thought [...]

Mortgage Refinancing Applications Up
Mortgage refinancing applications are up again. With mortgage rates dipping again, it is little surprise that existing homeowners are looking to refinance. Mortgage News Daily reports on the increase in refinance applications:
Michael Fratantoni, MBA’s Vice President of Research and Economics: “Treasury rates fell last week causing a decline in mortgage rates. As a [...]

House Hunting: Get What You Want
Decide what you want, and prioritize. We plan to be picky, since we have plenty of time, and we can afford to be picky. And if nothing suits, maybe we’ll build.

Citigroup Reports Surprisingly High Earnings
Today, Citigroup released its earnings for Quarter 1 of 2010. The result was a surprising profit, based on revenues that exceeded expectations. Daily Finance reports on Citigroup’s earnings:

Citigroup’s revenue came in at $24.5 billion for the first quarter, down from the $27 billion booked in the year-ago period but a significant improvement over [...]

Tagged:

Recent News on Home Improvement

XML error: XML_ERR_NAME_REQUIRED at line 1 - Unknown document format.

Free Newsletter

Sign up for the free Daily newsletter, filled with tips and ideas on home improvement, home interior design, home loan mortgages, home loan, equity loan, home improvement loan, and more. Your email address will be kept confidential and won't be shared. Easily unsubscribe at any time.

If you enjoy the free information available on this site, you're sure to enjoy the free newsletter as well:

Share and Enjoy:

May 23 2011 08:07 am | Interior Design and Organizing - Storage Solution and Safety

Trackback URI | Comments RSS

Own Home Style .com

Interior Design Renovation Loan & Mortgage