Mortgage repayments on one wage (Moneymanager)
Q. Is there a way to rapidly reduce our mortgage repayments for four years while we switch to one wage to raise our children? A.
read more…
Mortgage Credit Losses Could Total $500 Bln: Goldman "If anything, they may come under pressure to ease further, though at present this is not our base case." Goldman Sachs economists expect a total of $500 billion in
Australia May Consider a Fannie Mae-Style Mortgage Agency (Bloomberg.com) June 18 (Bloomberg) -- Australia may consider a government- backed mortgage agency similar to the Fannie Mae in the U.S., after recommendations from a housing affordability committee.read more...
Lower fixed rates fail to draw more mortgage applicants: MBA (Market Watch) Applications filed for mortgages fall a seasonally adjusted 14.1% last week compared to the prior week, as applicants shrug off lower interest rates on fixed-rate loans, the Mortgage Bankers Association
Former broker jailed for mortgage fraud (Pittsburgh Post-Gazette) A man accused of falsifying loan documents as part of a $1.6 million mortgage-flipping scheme was sentenced to 41 months in prison yesterday.read more...
Interest Rate Roundup A weekly wrapup of Bankrate's latest national interest rate survey on mortgages, credit cards, auto loans, home equity loans and certificates of depositsvia
3 charged in mortgage fraud scheme (Detroit Free Press) A former Detroit cop and a city property appraiser have been indicted in a multimillion dollar mortgage fraud case, the U.S. Attorney's Office said today.read more...