Mortgage rates decline this week (New Ratings)
NEW YORK, November 24 (newratings.com) ? Average mortgage rates across the US declined this week for the first time in three months, Freddie Mac ( FRE.NYS ) said on Thursday.
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Affordable Housing Big Problem in Region read more...
Program would encourage employers to help workers buy homes Maryland Gov. Robert L. Ehrlich Jr. is expected to announce a new program today designed to encourage employers to help their workforce buy homes.read more...
PEOPLE: Promotion at PHH Mortgage (Courier-Post) Terri Merlino has been promoted to senior vice president of underwriting at PHH Mortgage in Mount Laurel. Merlino joined PHH Mortgage in 1992 as a senior analyst in secondary marketing.read
A home equity line of credit plan of attack As interest rates rise, people with a home equity line of credit wonder what to do: Keep it, and risk more rate hikes, or pay it off by refinancing.read more...
Mortgage Stress Seen for '06 (Washington Post) Mortgage delinquencies among homeowners with high-cost loans will rise by 10 to 15 percent in 2006, as borrowers struggle with higher interest rates, high debt levels and higher energy costs
IndyMac to stop most mortgage loans, cut 3,800 jobs (Reuters via Yahoo! News) IndyMac Bancorp Inc , one of the largest U.S. mortgage lenders, said on Monday it will eliminate 3,800 jobs and stop making most home loans after regulators concluded it