Many Borrowers Aiming for Long-Term, Fixed-Rate Loans Stan Powell recently ditched his adjustable-rate mortgage for a traditional and far more predictable loan that would lock in his rate for 15 years.
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U.S. mortgage applications surge (Detroit News) U.S. mortgage applications rose last week by the most in almost a year, as low interest rates contributed to a record number of requests for loans to buy houses. Applications
New Century Unloads Slate Of Unfunded Mortgage Loans (Nasdaq) IRVINE, Calif. (AP)--New Century Financial Corp. (NEWC) has unloaded all of the mortgage loans it originated but had yet to fund, the company said in documents filed with the Securities
Foreclosures Mortgage foreclosures filed with the civil division of the Circuit Court for Jan. 12-31, 2007. Names in bold are the subject of, or have an interest in, the foreclosure action.
Office Depot Going Into Old Winn-Dixie Lakeland is steam rolling the competition when it comes to the industrial real estate market, according to first quarter reports from Cushman & Wakefield, a real estate advisory company with
Fitch Rates $1.17B Citigroup Mortgage Loan Trust Inc. 2005-7 (Business Wire via Yahoo! Finance) Fitch rates Citigroup Mortgage Loan Trust Inc. mortgage pass-through certificates; series 2005-7 consisting of two groups each with a separate set of related subordinate certificates as follows:read more...
Rates on 30-year mortgages rose this week to the highest level since the spring of 2002. Freddie Mac, the mortgage company, said 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 the 6.81 percent the week of May 24, 2002. Low mortgage rates had powered
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