Mortgage and Financial News From 2010-5-27 Page 01
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Home Mortgage Rates Are The Lowest Since 1953 - NBC4 Columbus
A Senior Loan Officer at Arlington Bank said, "The last time we were at this interest rate for a 30-year fixed home loan, was April of 1953." "We've come down to 4.75 precent for a 30-year fixed loan, with an APR of 4.841 percent," said Steve Wagner ...
2010-05-27 11:05:00 -
Shopping for a Home Mortgage Online - Associated Content
With today's technology you no longer have to physically go into a financial institution to get a home mortgage. You can do it all from the comfort of your home with your computer and access to the internet. You can easily get a mortgage online ...
2010-05-27 01:18:00 -
Billions more taxpayer funds down the mortgage hole - New York Post
The Federal Housing Administration has taken the lead from Fannie Mae and Freddie Mac in the government-backed home mortgage guarantee biz. According to FHA chief David Stevens his agency did $52.5 billion in home mortgages in the first quarter of ...
2010-05-25 10:00:00 -
Fixed-rate mortgages continue to fall: Freddie Mac - MENAFN
These low rates will help to elevate home-buyer affordability and soften the effects of the sunset of the home-buyer tax credit," said Frank Nothaft, Freddie Mac vice president and chief economist, in a news release. "The credit substantially ...
2010-05-27 04:31:00 -
Fannie Mae: Rate of late home loans eased in March - Tacoma News Tribune
The average 15-year rate was 4.36 percent, the McLean, Va.-based mortgage finance company said. The fiscal crisis in Greece is pushing investors ... lenders can lower rates and still sell the loans to Freddie Mac and Fannie Mae at a profit.
2010-05-27 03:20:00 -
Is purple the new brown? - Macon Telegraph
Is purple the new brown?Macon TelegraphIn other words, Marshall defaulted on his mortgage and the bank foreclosed. But Marshall thinks he is entitled to keep his home, so he showed up at another ...and more »
2010-05-28 12:02:53 -
Private sector housebuilding at 30-year low - Herald Scotland
Herald ScotlandPrivate sector housebuilding at 30-year lowHerald ScotlandMeanwhile, the Council of Mortgage Lenders found there were 9700 loans to homebuyers, worth £1.1 billion, down from 14400 (£1.6bn) in the last three months ...and more »
2010-05-28 12:05:27 -
SWAN songs to mark group's anniversary - NewsOK.com
SWAN songs to mark group's anniversaryNewsOK.com$160000 Mortgage for $633/mo. Free. No Obligation. Get 4 Quotes. Vote for your favorite 2010 LOOKatOKC swimsuit model and view photos and videos. ...and more »
2010-05-28 12:06:09 -
Oklahoma Capitol Briefs - NewsOK.com
Oklahoma Capitol BriefsNewsOK.com... 2008 home repair fraud case in which he entered a blind plea of guilty to six counts. Obama Urges Homeowners to Refinance as Mortgage Rates Drop Again. ...and more »
2010-05-28 12:06:22 -
Alleged house thief gaining national notoriety - The Missoulian
Alleged house thief gaining national notorietyThe MissoulianHe may be crazy, but is he any crazier than someone who bought an oversized McMansion with 1 percent down and a mortgage where they paid only the interest, ...and more »
2010-05-28 12:09:24 -
best insurance coverage may not cost more - Chicago Daily Herald
best insurance coverage may not cost moreChicago Daily HeraldTo illustrate, let's say that you need a $200000 mortgage and that the lender would charge a total of $5000 in prepaid points and other closing-related ...
2010-05-28 12:11:34 -
FHA mortgages will soon allow fewer seller concessions - Chicago Daily Herald
FHA mortgages will soon allow fewer seller concessionsChicago Daily HeraldWASHINGTON - One of the key attractions of FHA home mortgage financing is going, going - but not quite gone. ...and more »
2010-05-28 12:12:57 -
Building trust is goal of new Charter One exec - Cleveland Jewish News
Building trust is goal of new Charter One execCleveland Jewish NewsIn light of the subprime-mortgage meltdown that has strangled the nation's economy over the last two years, the banking industry must ...
2010-05-28 12:13:48 -
Has the SEC Charged the Right People with Securities Fraud? - American Thinker
Has the SEC Charged the Right People with Securities Fraud?American ThinkerThe 1970s brought the Community Reinvestment Act, followed by the Equal Credit Opportunity Act and the Home Mortgage Disclosure Act. These laws were then ...and more »
2010-05-28 12:14:20 -
Fannie Mae Begs for Billions More - American Free Press
Fannie Mae Begs for Billions MoreAmerican Free PressFannie Mae, the taxpayer bailed-out home mortgage company, recently requested another $8.4 billion in addition to the $145 billion in TARP ...and more »
2010-05-28 12:15:47