Mortgage writedown losses hit $2 trillion (Daily Telegraph)
WRITEDOWN costs for institutions with exposure to the US mortgage market is expected to blow out to $US1.4 trillion ($1.97 trillion).
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30-year, fixed rate mortgage still the best for most buyers (The Biloxi Sun Herald) Q: I'm house hunting this spring and have found a couple of nice homes, so I'm thinking about the next step. Which type of mortgage is best?read more...
Mortgage rates rise for second straight week ASSOCIATED PRESS (Observer-Reporter) WASHINGTON ? Mortgage rates around the country rose for a second straight week but still remain below rates seen a year ago. In its weekly survey, mortgage giant Freddie Mac
Confused by all the Mortgage Options? Here's Help (Southwest Daily News) (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,
Friday's Money Rates Mortgage Rates at Record Lows Refinance your Mortgage while rates are still low.via
Four people plead guilty in mortgage fraud conspiracy Four people accused of participating in a mortgage fraud conspiracy that stole millions of dollars and left a gated community in Arapahoe County ravaged by foreclosures pleaded guilty in federal
BoE denies mortgage security buyout plan (SABC News) The Bank of England (BoE) denied a report in the Financial Times that it was proposing using public funds to make mass purchases of mortgage-backed securities in order to ease