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Mortgage Default Rates Lower as Consumers Choose Property Over Plastic

Wednesday, March 16th, 2011

The monthly default rates for first and second mortgages fell in April, but climbed for bank card loans for the third consecutive month, according to the latest data from credit-rating agency Standard & Poor’s and national credit bureau Experian.

Most Mortgage Rates Hit Lowest Levels In Years -Freddie

Wednesday, March 16th, 2011

Mortgage rates declined again this week, deepening from last week’s levels that were already the lowest of 2010, with many reaching the lowest levels in years, according to Freddie Mac’s (FRE) weekly survey of mortgage rates.

Mortgage Rates Continue Slide

Wednesday, March 16th, 2011

Mortgage rates declined again this week, with many reaching the lowest levels in years, according to Freddie Mac’s weekly survey of mortgage rates.

Tax-credit deadline passes, mortgage applications swoon

Wednesday, March 16th, 2011

You didn’t need to wait long for a sign of what the end of the home buyer tax credit program means: Mortgage applications by buyers fell 27 percent last week — following a 10 percent drop the week before — to their lowest level in 13 years.

Mortgage loan modification and credit scores

Wednesday, March 16th, 2011

A mortgage loan modification can prevent foreclosure but inevitably will damage your credit.

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