Mortgage insurer may lose top status with Freddie Mac (Market Watch) The mortgage insurance business of Old Republic International may soon lose its position as a top insurer with housing-finance giant Freddie Mac.
Mortgage industry job cuts surpass 38,000 (MSNBC) Since the start of the year, more than 38,000 workers have lost their jobs at mortgage lending institutions, as companies respond to the deep downturn in
Sandra Bullock Recalls Housing Nightmare New Home Builders NewsBlog.com The uniquely original New Home Builders NewsBlog is actively engaged in "Strengthening the American Dream"© by delivering sorely needed truth in today's home buying market ...Commentread
Saving Ridgelines In Roxbury Has Priority Status WASHINGTON-A fabulous view from the comfort of home is understandably desirable.read more...
? Creative Financing seen as a Wrap-Around Mortgage (Turks.US) In a slow real estate market, sellers, potential buyers and real estate agents begin to think about creative financing or known as a "wrap-around" (wrap) mortgage.read more...
Why Mortgage Life Insurance is Not a Good Idea (Ridgecrest Daily Independent) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Rates on 30-year mortgages rose this week to the highest level nationally since the spring of 2002. Freddie Mac, the mortgage company, reported Thursday that rates on 30-year, fixed-rate mortgages increased to a nationwide average of 6.80 percent, up from 6.74 percent last week. The increase pushed 30-year rates to the highest level since they stood at 6.81 percent the week of May 24, 2002.
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