New Obama Mortgage Plan: A Backdoor Bank Bailout
Thursday, March 17th, 2011We are looking at tens of billions of taxpayer dollars again being funneled to the very banks behind the mortgage crisis.
Greenspan Sees Economy and Job Growth Gaining Momentum
Thursday, March 17th, 2011Former Federal Reserve Chairman Alan Greenspan said Sunday that apart from the housing and commercial real estate markets, the economy is “showing some buoyancy,” and he expects the pace of job creation to pick up.
U.S. 30-year mortgage rates jump to 8-month high
Thursday, March 17th, 2011Rising bond yields sent U.S. 30-year mortgage rates to the highest level in eight months, home funding company Freddie Mac said on Thursday.
Use Low Rate Mortgage to Maximize Home Purchase, Says Informa Research Services
Thursday, March 17th, 2011According to recent reports, mortgage rates have fallen for the first time in over a month. After jumping significantly a few weeks ago, they have now retreated back to record low levels, which could benefit first time home buyers and others who are in the market to purchase.
Mortgage Servicer Profits May Threaten Obama Housing Programs
Thursday, March 17th, 2011Mortgage servicers may have to take a pay cut to participate in President Barack Obama’s programs to modify home loans and advance the sale of properties in default.
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