Mortgages: Fixed-rate mortgages, 5-year ARMs hit record low
Fixed-rate mortgages and 5-year ARMS are at record lows this week.
Average Rates for 30-Year Fixed Mortgages Drop to 4.32 Pct., Lowest Rate in Decades
Average rates for 30-year fixed mortgages drop to 4.32 pct., lowest rate in decades Tax rate - Recreation - Picture Ratings - Mortgage loan - Business
One in 20 mortgages now in arrears - up almost 40 per cent in one year
RESIDENTIAL DEBT:ONE IN 20 residential mortgages is now in arrears, as the number of people falling behind on mortgage repayments rose again in the second quarter of the year.
Mortgages and Refinancing
Mortgage rates have dropped 10 times in the past eleven weeks. Nationwide mortgage buyer Freddie Mac reports both 30-year and 15-year loans are at their lowest in decades.
With troubled mortgages, discounts on repayment could return some order
Lew Ranieri isn’t as heroic as The Wall Street Journal makes him out to be. Someone else did the tough job. Ranieri’s name may be familiar in Kansas City. He was the mortgage investments expert the government brought in after seizing Franklin Savings Association in February 1990.
Institutional Bondholders Issue Binding Instructions to Trustee to Open Investigation of Ineligible Mortgages in Over ...
Gibbs & Bruns LLP announced today that its clients have issued binding instructions to Bank of New York, as Trustee, to open an investigation of ineligible mortgages in pools securing over $26 Billion of Countrywide-issued Residential Mortgage Backed Securities .
H&r Block Dismisses Concerns About Mortgages
H&R Block told investors to ignore speculation that it faced a surge in costs tied to its defunct mortgage business.
Shift in home loan availability
The cost of mortgages is continuing to fall and they are becoming more accessible to some borrowers, figures show.
Fewer mortgages are in default
Fewer mortgage borrowers are delinquent on their loan payments, according to the latest data from the Mortgage Bankers Association.
Jamie Dimon's real estate woes
As homeowners have struggled to modify their mortgages with JPMorgan Chase & Co., more than a few have probably felt flashes of anger toward the company's chief executive, Jamie Dimon, whose bank has bounced back while the housing market has...