Credit
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.
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.
Singapore tightens mortgages to cool property market: Update
Singapore increased down payments for second mortgages and imposed a stamp duty on property held for less than three years to curb speculation after home prices surged 38% in the second quarter.
2 New Federal Programs to Help With Mortgages
The Obama administration plans to take two new steps in the next few weeks to help struggling homeowners pay their mortgages, said Shaun Donovan, the secretary of Housing and Urban Development, Bloomberg News reports.
Rethinking Adjustable-Rate Mortgages
With the economy still weak, borrowers may want to hold onto their adjustable-rate mortgages a little longer.
Repeat defaults by borrowers with recently modified mortgages falling, group finds
BOSTON – Homeowners who had mortgages modified recently are faring better than those who did so earlier in the housing crisis, according to a report released Tuesday, possibly debunking predictions of a huge wave of defaults to come.
Reverse mortgages worth a thought
WITHOUT the backing of compulsory superannuation contributions, many may consider a reverse mortgage as a source of additional retirement income.
Reverse Mortgages Pros and Cons
RISMEDIA, August 23, 2010 Some parents are warning their kids not to bank on inheriting the homestead.
