Put a Lid on Rising Mortgage Payments (Ridgecrest Daily Independent) (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...
Bank to auction New Century loans Morgan Stanley said Monday it is auctioning nearly $2.5 billion of residential mortgages from New Century Financial Inc.Commentread more...
Local Home Mortgage Business Increases Leads and Revenue by 100% - Cody Belitz of MorNorth Mortgage Shares his Business (PR Web) The MorNorth Mortgage office of Sioux Falls, SD processes at least one loan application per day, and approximately thirty applications per month. This is a 100% increase in applications since
Survey: Mortgage rates near 4-year high (Victoria Advocate) The rise in rates may limit how much money some home buyers can borrow and could force some sellers to reduce prices. "As rates go up it definitely affects homebuyer
Regulators Tighten Rules For Subprime-Lending Federal officials issued guidelines aimed at curbing weak mortgage underwriting standards.
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Home show returns to the Civic Center ASHEVILLE - The Hot Tub Store, Garden Werks and Kitchen Tune Up of Asheville are among vendors slated to participate in the Western Carolina Home Showfrom March 16 to
Q: I had a contract to sell my home. I gave the buyer seven days to bring me an acceptable mortgage letter from a bank, but he presented a letter from a mortgage broker indicating final approval of his loan was subject to ``underwriting.’’ His bank returned his $1,000 deposit check for insufficient funds. Can I legally terminate his contract?—Jorge S.
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