Countrywide deal could give modest boost to mortgage industry (The Pantagraph) WASHINGTON, D.C. -- Bank of Americaâ?™s $4.1 billion rescue of Countrywide Financial could help stem economic turmoil by giving global investors more confidence in the battered U.S. mortgage industry.read more...
30-year mortgage rates fall to 6-month low of 6.2 percent (San Jose Mercury News) WASHINGTON - Mortgage rates sank this week, with rates on 30-year mortgages dropping to a six-month low, a spot of welcome news to would-be home buyers.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Evening Times) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Lebanon Home Remodeled Accused of Targeting Military Families A home remodeler from Lebanon is being sued by the state of Missouri for allegedly scamming military families around the Fort Leonard Wood area. read more...
Foreclosure bailout plan may help few The mortgage interest rate freeze is targeted toward a relatively small group of homeowners whose situations meet very specific requirements.read more...
U.S. mortgage rates increased in week (UPI) WASHINGTON, Sept. 25 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages increased in the week ending Sept. 25, the Federal Home Loan Mortgage Corp. said Thursday.read more...
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