usatoday — Borrowing rates remain near historic lows, helping sustain housing market recovery.
themortgagereports — April 2013 home resales reached their highest point since the tax-credit fueled month of November 2009. Homes are selling quicker, and at higher prices. Tips for buyers.Click for the complete post : Existing Home Sales : Homes Selling Quickly And At Higher Prices.
latimes — Wells Fargo says it is "90% of the way" to meeting its obligations, and Citigroup declines to characterize its progress.Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials.
themortgagereports — A mortgage credit inquiry is estimated to lower a credit score by 5 points or fewer. But only if you do it the right way. Here's how to protect your FICO while shopping for a mortgage.Click for the complete post : Keep Your Credit Score High While Shopping For A...
themortgagereports — Builders are making more Housing Starts and confidence in housing is growing. Home prices are expected to rise through 2013 and into 2014..Click for the complete post : Housing Starts : Builders Now Break Ground On 600k+ Homes Annually.
zillowblog — Editor’s note: This guest post was written by Mike Allen of North American Savings Bank. Sometimes people reach retirement and discover that, for whatever reason, they just don’t have enough money put away. If you find yourself in a similar situation – and you’re a homeowner age 62 or older –...
themortgagereports — Home affordability is among the recession's last lingering effects. See where home buyers can buy cheap, and what's ahead for 2013-14.Click for the complete post : Home Affordability Study : It Really *Is* A Great Time To Buy A Home.
freakonomics — A new working paper (abstract; PDF) looks at how the recent housing bust affected minorities. Economists Patrick Bayer, Fernando Ferreira, and Stephen L. Ross looked at mortgage outcomes “for a large, representative sample of individual home purchases and refinances linked to credit scores in seven major US markets.” Here’s what they...
themortgagereports — Real-time mortgage market updates for May 13, 2013. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.Click for the complete post : Mortgage Rates Today : Real-Time MBS Pricing, May 13, 2013.
themortgagereports — Amortization schedules favor the bank. Turn them in your favor. Use these prepayment tips to pay your 30-year mortgage down faster.Click for the complete post : Get A Faster Mortgage Payoff Without Changing Your Monthly Payment.
zillowblog — Mortgages are tricky and often hard to understand. Because most people only purchase a home every five to seven years, prospective home buyers understandably don’t spend a lot of time in the interim educating themselves about mortgages and the mortgage process. With the real estate market picking up and mortgage rates...
usatoday — National average mortgage rates tick up, remain near historic low and boost home buying.
themortgagereports — Doing an FHA Streamline Refinance? Pick the proper closing date to avoid "double interest". Here is the optimal FHA Closing Date Calendar for 2013.Click for the complete post : FHA Streamline Refinance Tips : Avoiding A “Double Interest” Payment.
zillowblog — Mortgage rates for 30-year fixed mortgages increased this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.39 percent, up from 3.25 percent at this same time last week. This represents the first rate increase since late March. The 30-year fixed mortgage rate hovered between 3.26 and...
moneyweek — A shocking percentage of interest-only mortgage holders have no repayment plan in place. Fortunately for them, says Merryn Somerset Webb, the government has rigged the game.
latimes — BofA agrees to pay $1.7 billion to mortgage insurance firm MBIA, but New York plans to sue it over alleged failure to abide by a national mortgage settlement.NEW YORK — As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck...
latimes — NEW YORK -- New York state's attorney general plans to sue Wells Fargo and Bank of America over alleged violations of a national mortgage settlement reached last year.
themortgagereports — Real-time mortgage market updates for May 6, 2013. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.Click for the complete post : Mortgage Rates Today : Real-Time MBS Pricing, May 6, 2013.
themortgagereports — There are two accepted ways to calculate your maximum home purchase price. Here's what you need to know about both.Click for the complete post : How Much Home Can I Afford?.
usatoday — Consider other options first, such as the Home Affordable Modification Program.
latimes — The benchmark 30-year mortgage rate dropped this week to an average of 3.35%, its lowest rate in four months and within a whisper of its record low of 3.31% in fall, Freddie Mac said Thursday.
themortgagereports — Mortgage rates dropped for the 6th straight week. The average 30-year conforming fixed-rate mortgage is now 3.35% for applicants willing to pay points.Click for the complete post : Mortgage Rates Still Sinking : 30-Year Fixed To 3.35%.
usatoday — 30-year loan average also fell, to 3.35% last week.
themortgagereports — The economy has added 5.3 million jobs since 2010. As the economy expands, mortgage rates are expected to rise. Here's why.Click for the complete post : 30-Year Mortgage Rates Now Linked To U.S. Jobs Report.













