Confused by all the Mortgage Options? Here's Help (Advocate Tribune) (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,
Mortgage rates resume climb Mortgage rates rebounded this week on
strong economic news, with the average 30-year fixed rate mortgage hitting 6.36 percent, according to Bankrate.com's weekly national survey of lenders.
survey of large lenders.read more...
Bush official: We're dealing with mortgage mess (MSNBC) The Bush administration assured Congress on Friday that it is aggressively working to deal with a rising tide of mortgage foreclosures in the country.read more...
Finding Bargains (and Headaches) at Foreclosure Sales IF rising interest rates cause more people to default on their adjustable-rate mortgages, investors could face a potential boon.read more...
Markets sink on U.S. mortgage news (Toronto Star) Stock markets were in the red Monday morning as investors digested more bad news connected with the contracting U.S. housing sector and securitized mortgage loans that have gone bad.read more...
Bank Of Queensland MD Takes Aim At Mortgage Brokers (Asia Pulse via Yahoo! Australia & NZ News) Bank of Queensland Ltd (ASX:BOQ) managing director David Liddy is calling for a shakeout of the mortgage broking industry.via
A volatile stock market is spilling into the mortgage market. In a good way. Nervous investors seeking a stable place to park their money are looking to the mortgage market, where the fresh supply of capital helped push down mortgage interest rates this week to their lowest level since December. The declines, which defied forecasts, are a bonus for spring buyers and sellers and are providing a …
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