Confused by all the Mortgage Options? Here's Help (Benton Evening News) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Housing woes send borrowers, lenders back to safety of mortgage insurance (Lincoln Journal Star) Mortgage insurance, which fell out of favor during the days of 100 percent financing and combo loans, is making a comeback.read more...
US mortgage applications rise for 3rd straight week (Khaleej Times) NEW YORK - US mortgage applications rose for the third straight week, driven by demand for both purchases and refinancings, an industry trade group report showed on Wednesday.read more...
Centro Sees a Net Loss, Sells Assets Centro Properties Group posted a net loss of $1.77 billion for the fiscal year ended June 30, reflecting a decline in property values and investments.read more...
July Mortgage Activity Drops 37 Percent (The Memphis Daily News) The federal housing bill recently signed into law might bring relief to the beleaguered mortgage industry, but it likely won?t bring results for a few....read more...
Amid housing slowdown, owners are turning more to home remodeling "Building experts tells us they're getting calls for work from homeowners who would otherwise move and put their current home on the market" Consumers may be spending less on
By Gene Rodriguez Indianapolis had the highest foreclosure rate in the nation this past quarter according to Realty Trac. For every 69 households in the city one is in foreclosure. Now, Indiana Secretary of State Todd Rokita says he’s cracking down on unscrupulous mortgage brokers.
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