Mortgage Investors Turn to State Courts for Relief
Tuesday, March 15th, 2011INVESTORS who lost billions on boatloads of faulty mortgage securities have had a hard time holding Wall Street accountable for selling the things in the first place.
Mortgage Rates Lowest in Decades Yet Sales Plummet
Tuesday, March 15th, 2011Record breaking mortgage rates are not enough to spark the US real estate market..
Daily Mortgage Rates
Tuesday, March 15th, 2011Today the thirty-year fixed rate mortgage (FRM) is averaging an interest rate of about 4.50%, this is down from most of last week when the thirty-year FRM averaged at 4.625%. The current mortgage rates being offered by America’s leading mortgage servicers continue to remain around fifty-year lows.
Lenders predict slow UK mortgage market in 2010
Monday, March 14th, 2011Lenders are predicting a slow mortgage market for the rest of the year despite reporting a 5% lift in loans in July.
Fannie, Freddie, and the mortgage addiction
Monday, March 14th, 2011Since the mortgage market can’t suddenly wean itself off government-supported Fannie Mae and Freddie Mac, some experts want more federal intervention. They’re wrong.
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