30-year mortgage rates fall to lowest level in more than 6 months (San Jose Mercury News) Rates on 30-year mortgages dipped this week to the lowest level in more than six months. Mortgage giant Freddie Mac said Thursday that 30-year, fixed-rate mortgages fell to 6.31 percent
Mortgage brokers urge customers to lie about salary to get huge home loans (Evening Standard) Unscrupulous brokers are encouraging homebuyers to lie about their finances to qualify for huge mortgages up to eight times their salary. Experts warn that the scam could drag Britain into
Ahead of the Bell: Mortgage Applications (AP via Yahoo! Finance) Home-loan data to be released Wednesday will show whether mortgage applications rose for the sixth-straight week as borrowers took advantage of lower rates.read more...
US existing home sales slip in August Sales of US existing homes in the last month likely fell to the lowest level in more than two years, according to a Reuters poll and National Association of Realtors
Meet the American Dream After more than a decade of renting, Emma and Juan Garcia long dreamed of owning their own home.via
Declining purchase power of the U.S. Dollar - June 26, 2006 Unless something drastically changes and quickly, the United States of America will continue its steadfast plunge towards the biggest financial / economic crash in history.read more...
In the midst of the worst financial crisis since the 1930s, one that originated in the home mortgage market, it is nice to be able to report some good news. EnTitle Direct Insurance is now selling title insurance directly to borrowers online, with premiums that it claims undercut existing insurers…
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