Mortgage and Financial News From 2010-4-8 Page 01
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Rates on 30-year home loans rise to 5.21 pct
Rates for 30-year home loans surged last week, rising to the highest level in eight months due to the improving economy and the end of a government push to keep rates low. The average rate on a 30-year fixed rate mortgage was 5.21 percent this week, up from...
2010-04-08 09:45:38 -
Bond yields push mortgage rates higher
WASHINGTON, April 8 (UPI) -- Average interest rates for 30-year, fixed-rate mortgages hit their highest point in eight months, the U.S. Federal Home Loan Mortgage Corp. said Thursday.
2010-04-08 10:25:00 -
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1969-12-31 06:00:00 -
Mortgage rates rising: Home buyers scrambling to find abodes.
WASHINGTON -- The era of record-low mortgage rates is over.
2010-04-08 06:04:14 -
Mortgage Rates Jump After Fed Removes Support.
Freddie Mac reports that 30-year home mortgage rates have jumped to 5.21%, up from 5.08% the previou
2010-04-08 06:01:23 -
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1969-12-31 06:00:00 -
Five charged in alleged mortgage fraud scheme worth $8 ... - madison
Related: Sun Prairie woman arrested in $3.3 million bank fraud A Sun Prairie tax preparer, a Madison bank loan officer and a real estate agent cooked up more than 50 fraudulent mortgage loans worth more than $8 million, according to an indictment ...
2010-04-08 06:48:00 -
Mortgage compliance and what it can mean to you - Examiner
The majority of mortgage loans are underwritten to guidelines established by an agency. A list of these agencies includes FannieMae, FreddieMac, FHA, VA and USDA. Once a loan is funded the bank will deliver the loan to the appropriate agency, receive ...
2010-04-08 09:40:00 -
Commission to question Citigroup this week on risky ... - Denver Post
Much of the tension at hearings Wednesday and Thursday will come as the 10 bipartisan commissioners examine Citi's role in financing, packaging and selling risky mortgage loans. Citi was a major subprime lender through its subsidiary CitiFinancial.
2010-04-06 02:01:00 -
Citi execs warned over problem loans - Business Spectator
NEW YORK - A former Citigroup Inc senior underwriter warned senior managers ... warned the bank's senior executives of problems with most of the prime mortgages it sold to Fannie Mae, Freddie Mac and other investors beginning in 2006.
2010-04-08 06:31:00 -
New tuition may hurt married students - The Saint
New tuition may hurt married studentsThe SaintMany who decided to go back to college are carrying a mortgage, credit card bills, car payments and possibly their own children's college tuition. ...
2010-04-08 08:02:16 -
Bank of Korea's Kim Keeps Rate Unchanged at His First Meeting - BusinessWeek
Bank of Korea's Kim Keeps Rate Unchanged at His First MeetingBusinessWeekBank lending to households rose for the first time in three months in March as mortgage loans increased, a report showed yesterday. ...and more »
2010-04-08 08:26:21 -
Homebuyers scramble as mortgage rates begin to climb - Washington Examiner
Homebuyers scramble as mortgage rates begin to climbWashington ExaminerBut the same monthly payment at a rate of 6 percent will only get you a loan of $270000. As of Wednesday, the Mortgage Bankers Association put the national ...and more »
2010-04-08 08:26:55 -
Distressed home sales climb in St. Lucie County - TCPalm
Distressed home sales climb in St. Lucie CountyTCPalmFirst American CoreLogic says its foreclosure rate is a measure of the percentage of loans in some stage of foreclosure, from 90-day delinquencies through ...and more »
2010-04-08 08:32:40 -
Foreclosure tax relief measure OK'd - Press-Enterprise
Foreclosure tax relief measure OK'dPress-EnterpriseThe new law would ensure that taxpayers can exclude income from mortgage debt forgiveness resulting from a loan modification or a short sale, where a lender ...and more »
2010-04-08 08:43:04