Mortgage delinquencies level off The percentage of homeowners who are behind on their mortgage payments inched higher in the first quarter while the number of new foreclosures declined, a lobbying group for the home-lending industry says. “Overall, it’s a picture of the market on… Read more on Los Angeles Times
Tag Archives: mortgage
Mortgage figures down 53% on last year
Mortgage figures down 53% on last year New figures published today show that 3,259 mortgages – were issued in the first three months of this year Read more on RTE News
Are we facing the end of the 30-year fixed-rate mortgage?
Are we facing the end of the 30-year fixed-rate mortgage? Many housing proponents say the government’s move to dismantle Fannie Mae and Freddie Mac means the most popular home loan will be more expensive. But how much more is a matter of debate. Will the move to dismantle Fannie Mae and Freddie Mac mean the [...]
Obama Administration, State Officials Expected To Give Banks New Mortgage Terms As Some Question Pace Of Negotiations
Obama Administration, State Officials Expected To Give Banks New Mortgage Terms As Some Question Pace Of Negotiations WASHINGTON — The Obama administration and state officials are expected to offer the nation’s five largest mortgage firms updated terms next week in ongoing negotiations over a settlement regarding the firms’ faulty treatment of borrowers, according to three [...]
Mortgage rates for the past 52 weeks, at a glance
Mortgage rates for the past 52 weeks, at a glance The average rate on 30-year fixed mortgages fell to 4.71 percent this week, Freddie Mac said Thursday. Here’s a historical look at rates for fixed and adjustable mortgages for the last 52 weeks. Current week’s average rate Previous week’s average rate 52-week high 52-week low [...]
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U.S. Sues Deutsche Bank Over Mortgage Practices
U.S. Sues Deutsche Bank Over Mortgage Practices The government says the bank and its mortgage unit lied to be included in a federal program to insure mortgages. Read more on New York Times
HOUSING: Fed proposes mortgage standard rules
HOUSING: Fed proposes mortgage standard rules WASHINGTON —- The Federal Reserve on Tuesday proposed requiring banks to ensure borrowers can repay their mortgages before they give them a loan. Read more on North County Times
30-year mortgage rate holds
30-year mortgage rate holds Fixed mortgages were essentially unchanged last week, as the average rate on the 30-year fixed loan stayed below 5 percent. Freddie Mac said Thursday the rate on the 30-year fixed mortgage rose to 4.87 percent from 4.86 percent the previous week. It hit a 40-year low of 4.17 percent in November. [...]
A look at mortgage rates over the last 52 weeks
A look at mortgage rates over the last 52 weeks (03-17) 13:45 PDT , (AP) — The average rate on 30-year fixed mortgages fell to 4.76 percent this week, while the rate on the 15-year home loan slipped below 4 percent, Freddie Mac said Thursday. Here’s a historical… Read more on San Francisco Chronicle