Freddie: 30-year fixed-rate mortgage at record low
Tuesday, March 15th, 2011Treasury-indexed ARM rates more than a percentage point lower than a year ago
Fannie Mae Subpoenas May Find $30 Billion of Bad Mortgages, Analyst Says
Tuesday, March 15th, 2011Fannie Mae and Freddie Mac’s regulator may identify as much as $30 billion of debt included in mortgage bonds that the companies can force sellers to repurchase, according to Joshua Rosner, an analyst who in 2007 predicted the collapse in the market for the securities.
Refinancing mortgage often smart even if you have to pay
Tuesday, March 15th, 2011At the height of the housing boom, refinancing was doubly rewarding: You could lower your monthly payment and extract some cash to spiff up the kitchen.
Mortgage approvals fall back to January level
Monday, March 14th, 2011Mortgage approvals fell sharply in June, lending yet more weight to the theory of a dip in the UK housing market as the Nationwide index showed UK house prices starting to fall in July
11.3% of Texas homes mortgage underwater
Monday, March 14th, 2011More than 11 percent of Texas residential properties are underwater in their mortgage loans, according to a new report from financial and real estate data provider CoreLogic.