Citigroup Suggests Mortgage Debt Forgiveness
Saturday, November 28
Nearly one in four U.S. borrowers owe more on their mortgage than their home is worth, indicating that the housing recovery could see another wave of defaults. 23% of mortgage holders, were underwater in the third quarter, and 5.3 million have mortgages that are 20% higher than the value of thei...
freddie Mac Weekly Update
Friday, November 27
30-year fixed-rate mortgage: Averaged 4.78 percent with an average 0.7 point for the week ending November 25, 2009, down from last week when it averaged 4.83 percent. Last year at this time, the 30-year FRM averaged ...
Mortgage Bankers Weekly Update
Friday, November 27
Mortgage Bankers Association for the week of 11/25/2009 ...
Freddie Mac weekly Update
Saturday, November 21
30 Year Fixed Rate Falls Below 5 Percent 30-year fixed-rate mortgage: Averaged 4.83 percent with an average 0.7 point for the week ending November 19, 2009...
Mortgage Bankers Weekly Update
Saturday, November 21
Mortgage Bankers Association for the week of November 18, 2009 Market Composite Index: (loan application volume) decreased 2.5 p...
FHA Losses: What it Means
Thursday, November 19
What Do They Do FHA loan options make it easier to qualify for a home mortgage. Your loan is guaranteed by the government, making your application more attractive to lenders. The FHA mortgage requires a low 3.5% down payment, and that money can come from a variety o...