Defaults among U.S. mortgage insurers rose to record in November (Canadian Business) WASHINGTON - U.S. mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group.read more...
Grand Rapids housing market is a perfect storm Consider this - your monthly mortgage payment rises because interest rates are rising and you have an adjustable rate mortgage.read more...
Bankrate: Mortgage Rates Rise for Third Straight Week (PR Newswire via Yahoo! Finance) Worries about inflation and interest rates pushed fixed mortgage rates higher for the third week in a row. The average 30-year fixed rate mortgage increased to 6.56 percent, according
Oil prices fall as US bailout plan in doubt Oil prices fell just over $1 a barrel Friday as a U.S. financial bailout plan remained stuck in legislative limbo, raising investor worries that the economic crisis could deepen and
H&R Block Continues Mortgage Job Cuts (AP via Yahoo! Finance) H&R Block Inc. said Thursday it will cut more jobs at its struggling subprime mortgage unit and that the planned sale of the business could be delayed until later
LEI Financial Expands Mortgage Services to South Dakota (Market Wire via Yahoo! Finance) LEI Financial, one of the fastest growing mortgage and financial services providers in the United States, is now licensed to provide a wide range of mortgage products -- and
Owning your own home is a dream come true for many people but if you get in over your head, with an adjustable rate mortgage, the experience can turn into a nightmare . | | The allure of a less-expensive, adjustable rate mortgage is easy to see but a year or so later, the rate increases and borrowers tend to themselves in trouble. | | ...
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