Put a Lid on Rising Mortgage Payments (Herkimer Evening Telegram) (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...
Existing Home Sales Up in Nov. Existing-home salescontinued to recover last month following a rise in October, with the level ofsales activity suggesting a turn in the market, according to the NationalAssociation of Realtors .Commentread more...
BankAtlantic debuts commercial mortgage banking division (Orlando Business Journal) BankAtlantic has launched a new commercial mortgage banking division.read more...
Mortgage fears drive up rates on jumbo loans (The Arizona Republic) Turmoil in the U.S. home-mortgage market is starting to pinch even buyers of high-end homes with good credit records, in the latest sign of rising anxiety among lenders and investors.read
Housing Slump Hits Bank Stocks Banks and investors are shedding foreclosed homes at increasingly steep losses, potentially adding to the banking industry's woes this year.read more...
Fannie, Freddie warn of more mortgage losses (The Cincinnati Enquirer) WASHINGTON - The chief executives of Fannie Mae and Freddie Mac on Tuesday warned that their ailing mortgage-finance companies will suffer further in 2008 because of a weakening housing market
When it’s time to sell your house, you want to be sure you’re getting the most money you can.
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