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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.

Mortgage loan modification and credit scores

Wednesday, March 16th, 2011

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

Hey, Mortgage Industry: Nobody Trusts You

Wednesday, March 16th, 2011

The mortgage banking industry knows it’s not the most popular kid on the block right now, but it tried to put a positive face on the state of the industry during a convention in New York on Monday.

Expiring tax credits boost new home sales; mortgage rates, falling prices help

Wednesday, March 16th, 2011

New home sales surged last month as home buyers rushed to take advantage of tax credits that have helped lift the housing market, according to government data released Wednesday. Sales of new single-family homes rose 14.8 percent in April, compared with March, to a seasonally adjusted annual rate of 504,000, according to Commerce Department data. [...]

The Home Loan Modification Program Brings Mortgage Aid To Struggling Homeowners

Wednesday, March 16th, 2011

There have been many complaints about lenders and the home loan modification program as a whole from homeowners who are very upset with their experience in seeking a loan modification on their home. Many people have been using mortgage modifications as a way to get a more affordable mortgage payment during these tough economic times.

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