Mortgage Rates Lower, Thanks to the Federal Reserve Mortgage rates are at new historic lows right now. This is in large part to the Federal Reserve decision on Wednesday to begin buying long-term U.S. Treasuries. Mortgage rates are tied in large part to long-term Treasury bond yields. The new announcement from the Fed amounts to [...]
Re-Financing with an ARM
March 17, 2009 By Leave a Comment
Re-Financing with an ARM The ARM home mortgage was taken advantage of by a great number of people over the years because of the lower payments it provided them when compared to a fixed rate mortgage. But when these mortgages started to adjust many home owners were having a hard time finding options for refinancing [...]
Latest News in Mortgages and Home Loans- March 17, 2009
March 17, 2009 By Leave a Comment
Latest News in Mortgages and Home Loans- March 10, 2009
March 10, 2009 By Leave a Comment
Misplaced Rage: Really? We?re Upset that Government?s Trying to Help Regular … I’m going to climb up onto my soap box here for the space of a couple hundred words. It’s really getting kind of ridiculous out there right now. I think that there is a lot of misplaced rage with regard to efforts being [...]
Latest News in Mortgages and Home Loans – March 03, 2009
March 3, 2009 By Leave a Comment
The Importance of Your Credit Score When Buying a Home One of the most important aspects of your financial life is your credit score. And your credit score is extremely important when it comes to buying a home. Indeed, before you start looking for a home, it is a good idea to check your credit [...]
How to Find a Good Equity Company
February 13, 2009 By Leave a Comment
Latest News in Refinancing Home Mortgages – Jan 22, 2009
January 22, 2009 By Leave a Comment
Falling interest rates spark increase in mortgage applications – Tampa Bay Bu… Michael Kelleher, loan officer for Residential Finance, takes a client call. Home refinancings are proving to be a bright spot in a tough banking market. With interest rates at near-record lows, mortgage applications have been increasing in numbers … Mortgage applications drop as [...]
Latest News in Mortgages and Home Loans- Oct 21, 2008
October 21, 2008 By Leave a Comment
Planning to Refinance? Looking at a Home Mortgage? Maybe You Should Get a Mov… Many people waiting for mortgage rates to drop right now. Indeed, many people think that they should be heading lower soon, what with banks starting — albeit cautiously — to lend to each other again. Additionally, Ben Bernanke is supporting efforts [...]
Latest News in Mortgages and Home Loans- Oct 14, 2008
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Paulson Warns Against Banks Hoarding Capital One of the issues that has been contributing to a lack of liquidity in the financial markets is the fact that banks have been rather reluctant to lend to each other. Without banks lending to each other (and businesses and individuals, for that matter), the flow of capital has [...]
Latest News in Mortgages and Home Loans- Oct 7, 2008
October 7, 2008 By Leave a Comment
Bank of America Bails out Countrywide Mortgage Loan Borrowers Back in July, Bank of America acquired Countrywide — and a pile of debt and subprime mortgages about to go into foreclosure. However, thanks to a settlement reached, mortgage loan borrowers in all 50 states will receive the benefit of Bank of America’s stability and buying [...]
