Another new low
We have reached yet another low with mortgage interest rates. According to Freddi Mac's primary mortgage market survey this weeks average interest rate on a 30 year mortgage is 4.32 percent.
Categories: Mortgage Newswire
Two Counter-Cyclical Stocks for Your Portfolio
Are you managing your investment portfolio properly? If it doesn't include some counter-cyclical stocks or what the pros call "non-correlated investing" then you should ensure that it does.
Categories: Mortgage Newswire
Quote of the Week
"It is very very difficult to engineer some kind of large-scale foreclosure relief that doesn't benefit at least one of two parties that don't want to help," [policy analyst Raj Date] said, referring to mortgage bond investors and homeowners who bought houses they could not afford.
Categories: Mortgage Newswire
Attention Countrywide Mortgage Holders
Identity TheftAre YOU one of Countrywide's 17 million customers at risk? If you provided Countrywide Financial Corporation financial information prior to July 1, 2008 your personal information may have been stolen.A A recent Class Action Suit against Countrywide has been settled.A If your identity is used illegally Countrywide, now Bank of America ...
Categories: Mortgage Newswire
Emergency aid recipient numbers double in two years
The number of homeowners in receipt of emergency State aid has doubled in two years.
Categories: Mortgage Newswire
Reality Economics
If you subsidize housing construction and that results in more houses being built, you apply downward pressure on the prices of houses that are currently on the market.
Categories: Mortgage Newswire
China fears depreciation of $2.45 trillion of reserves still heavy in dollars
The report was published in official newspaper the China Securities Journal and confirmed analysts' estimates that about two-thirds of the reserves are invested in dollars.
Categories: Mortgage Newswire
FHA delinquencies continue to grow, refinance apps outnumber purchase apps
"The rate of serious delinquent mortgages backed by the Federal Housing Administration remained flat from June to July; however, the gross number of mortgages that are either 90 or more days past due or in foreclosure increased 31.5% from the same period a year ago." Note: Comments may take a few minutes to show up on this page.
Categories: Mortgage Newswire
Mortgage Lender Accused Of Housing Discrimination
"A Hamilton County mortgage company is facing accusations of discrimination after a couple said they were unfairly denied due to citizenship status." The couple filed a complaint with the United States Department of Housing and Urban Development, which referred it to the Indiana Civil Rights Commission.
Categories: Mortgage Newswire
Reports of Divorce Rate Increase: Acceptance of a New Economic Reality?
September 04, 2010 /24-7PressRelease/ -- Rates of divorce have declined in the last few years, and many family law practitioners have attributed the reduction in dissolutions to the economic challenges posed by the Great Recession.
Categories: Mortgage Newswire
North Texas Has Above Average Consumer Debt
Residents in Texas have high debt loads and low credit scores, according to recent reports.
Categories: Mortgage Newswire
KLBJ 590-AM to feature Real Estate Expert and Author Kenn Renner on...
KLBJ 590-AM to feature Real Estate Expert and Author Kenn Renner on Real Estate Radio, September 4th from 12 to 1 PM.
Categories: Mortgage Newswire
Lenihan seeks quick EU ruling on Anglo rescue
Minister for Finance Brian Lenihan will meet EU competition commissioner Joaquin Almunia in Brussels early next week.
Categories: Mortgage Newswire
Bill Gross: Mr. Grosss Goes to Washington
Bill Gross of PIMCO has published an essay on how to reform the country's mortgage lending regulation.
Categories: Mortgage Newswire
Supply and Demand
Whilst some students new to this core knowledge in the subject get a bit confused with the diagrammatic representations of markets, the basic principle is quite simple and involves a lot of common sense.
Categories: Mortgage Newswire
Brasch WordsAMERICA Without the Politics
BLOOMSBURG, Pa. -- It was Monday evening and the phone rang - again. It was probably the fifth time in two hours.
Categories: Mortgage Newswire
On Native GroundOBAMA'S First Priority: Stop the Looting
President-elect Barack Obama clearly won the 2008 presidential election because of the market meltdown.
Categories: Mortgage Newswire
Final Opportunities at Kensington Creek Manor
Final Opportunities! Only two move in homes remain at Bowen Family Homesa Kensington Creek Manor.
Categories: Mortgage Newswire
Reporting: PanamaSUPERMARKET Honcho Favored Over Labor in Panama's Elections
A ban on sales of alcohol and heightened securities greeted Panamanian voters Sunday as a frantic and factious three-year presidential campaign finally went to the voters.
Categories: Mortgage Newswire
Brasch WordsIN a Pennsylvania Town, a Cold Shoulder for the Freezing Homeless
A regional advocate for the rights of the homeless says actions by Sugar Notch, Pa., officials to deny shelter to homeless men may be based upon fear and a lack of knowledge.
Categories: Mortgage Newswire