Summary Box: Underwater mortgages in US fell in 2Q
August 26, 2010
SLIGHT DECLINE: Real estate data provider CoreLogic says the number of U.S. homes with mortgages that exceed what the properties are worth fell slightly between the second quarter and the first three months of this year. It’s the second consecutive quarterly decline.
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Summary Box: Underwater mortgages in US fell in 2Q
Mortgages: Fixed mortgage rates fall in nine of past 10 weeks
August 26, 2010
Rates on fixed-rate mortgages hit another low this week, after recent reports showed drops in existing- and new-home sales, according to Freddie Macs weekly survey.
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Mortgages: Fixed mortgage rates fall in nine of past 10 weeks
Mortgages stable while state of government uncertain
August 25, 2010
THE election cliff-hanger is expected to delay any rise in interest rates on mortgages by banks, despite the increasing pressure on their margins from the rising cost of funds.
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Mortgages stable while state of government uncertain
Repeat defaults by borrowers with recently modified mortgages falling, group finds
August 24, 2010
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.
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Repeat defaults by borrowers with recently modified mortgages falling, group finds
Reverse mortgages worth a thought
August 23, 2010
WITHOUT the backing of compulsory superannuation contributions, many may consider a reverse mortgage as a source of additional retirement income.
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Reverse mortgages worth a thought
Spencer family’s Equitable Mortgages latest to get downgrade
August 22, 2010
The Spencer family’s finance unit, Equitable Mortgages, is the latest in a flurry of credit rating downgrades announced today.
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Spencer family’s Equitable Mortgages latest to get downgrade
Reverse Mortgages Pros and Cons
August 22, 2010
RISMEDIA, August 23, 2010 Some parents are warning their kids not to bank on inheriting the homestead.
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Reverse Mortgages Pros and Cons
Mortgages Still at Record Low Rates
August 22, 2010
If you’re looking to buy a new home, the time may be right.
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Mortgages Still at Record Low Rates
Equitable Mortgages latest to get downgrade
August 20, 2010
by Paul McBeth Aug. 20 The Spencer familys finance unit, Equitable Mortgages Ltd., is the latest in a flurry of credit rating downgrades announced today.
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Equitable Mortgages latest to get downgrade
Mortgages: Fixed-rate mortgages break record low: Freddie Mac
August 19, 2010
Rates on fixed-rate mortgages dropped this week, according to Freddie Mac’s weekly survey of conforming mortgage rates. It’s the ninth week in a row that fixed-rate mortgages have met or set a record low, according to Freddie Mac’s deputy chief economist.
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Mortgages: Fixed-rate mortgages break record low: Freddie Mac