Mortgages Home Loans

FHA Mortgage to Buy a Home After Bankruptcy

Fri, 10 Feb 2012 08:04:01 -0500

By: Rosemary Rugnetta - When debts cannot be paid due to unfortunate circumstances that occur, people often turn to bankruptcy. It is not unusual that at some point after this occurs, consumers are once again in the position to comfortably own a home. Obtaining a mortgage can become difficult which is why using an FHA mortgage to buy a home after bankruptcy is probably the best choice. While bankruptcy will not disqualify a borrower from obtaining an FHA mortgage, there are guidelines that must be followed in order to receive approval.

2012 Housing Markets via Mortgage Applications

Wed, 18 Jan 2012 09:11:27 -0500

Jan 2012 - Ardsley Real Estate - Ossining Real Estate - Valhalla Real Estate

The new year might be bringing in fresh optimism for the housing market. Results are in from the Mortgage Bankers Association’s Weekly Applications Survey, which imply a modest pickup in applications and sales.

4 Percent Mortgage Interest Rate Home Loans

Wed, 04 Jan 2012 11:21:57 -0500

Ossining Peekskill Hastings-on-Hudson Irvington-on-Hudson

Demand for loans to buy homes and refinance mortgages slid in the final week of 2011, even as mortgage rates dipped, an industry group said on Wednesday.

Loans at Navy Federal Credit Union

Fri, 23 Dec 2011 17:46:15 -0500

Danbury Real Estate - Cortlandt Real Estate - For many military personnel, obtaining a mortgage loan can seem out of reach. Navy Federal Credit Union has made it easier to acquire loans for those who serve or are family members of personnel in the military. Mortgage loans with 100% financing make it even easier to own a home, no matter your rank or tenure.

2012 Low Mortgage Interest Rates

Fri, 23 Dec 2011 17:44:23 -0500

Danbury Real Estate - Cortland Real Estate - Bergen County NJ Real Estate Low mortgage rates continue to remain consistent as new home sales rose for the month of November, which was reported by the Census Bureau and the Department of Housing and Urban Development. Improvements in the real estate market have been the best boost the economy could get as we approach the end of this year.

Countrywide Mortgage Lending Practices

Fri, 23 Dec 2011 17:26:45 -0500

Danbury Real Estate - Cortland Real Estate - Countrywide's Racist Lending Practices Were Fueled by Greed.

Economic racism is a slippery thing in 2011. It's not out in the open, like a "whites only" sign above a lunch counter. And it's not explicit, like the deed to a house barring its sale to blacks or Jews.

Instead, it's submerged. It lives in patterns of discrimination hidden within reams and reams of hard to analyze data. It's not necessarily driven by animus or hate. Sometimes it's just a product of garden-variety greed.

How To Cut My Mortgage Cost

Fri, 23 Dec 2011 16:59:11 -0500

Bergen County NJ Real Estate - Wappingers Real Estate - Do basic home maintenance and minor upgrades. During the housing boom, when lending standards were far more lax, it wasn't uncommon for mortgage lenders to do "drive by" appraisals of homes, or to simply grant home loans based on online appraisals of properties.

Housing Cheaper to Own vs. Rent in 12 US Metro Markets

Tue, 29 Nov 2011 09:00:55 -0500

Danbury Rental - Five years after the market peaked, the housing market remains depressed. October new home sales, released this morning, totaled 307,000, slightly below estimates. Meanwhile, prices rose slightly.

US Military Home Foreclosures Settles

Tue, 31 May 2011 08:24:01 -0500

By Diana Henriques - Two mortgage servicing companies have agreed to settle federal complaints that they wrongfully foreclosed on the homes of at least 178 military service members and to set aside a minimum of $22 million to compensate those victims

Fannie Mae Freddie Mac Housing Markets

Tue, 31 May 2011 08:20:28 -0500

By Peter Siris - When you search for the causes of the financial meltdown and the following recession, look no further than Fannie Mae and Freddie Mac, the government-sponsored mortgage entities.

1st Time Home Buyers Mortgages

Tue, 31 May 2011 08:17:20 -0500

First-time buyers can get a mortgage in spite of a general perception that they will be turned down. Although 77% of 20 to 45-year-olds who are non-homeowners would like to buy their own home, nearly 64% believe they have no chance of realizing their dream, research from mortgage lender, Halifax, found.

Mortgage Home Loan 1 Dollar Closings

Tue, 31 May 2011 08:13:22 -0500

Along with today’s historically low rates, home buyers and homeowners have an additional money-saving opportunity. Leading mortgage lender New Penn Financial, LLC has implemented a one-dollar closing deal that is available now and will be offered for a limited time.

Approved borrowers pay just one dollar in closing costs, potentially savings themselves thousands of dollars. All fees associated with a mortgage closing have been eliminated, such as those for origination, underwriting, title insurance and appraisal. There are no points or hidden fees, either.

Residential Mortgage Consumer Market Share

Tue, 31 May 2011 08:10:24 -0500

By John Grrenwood - Faced with slower loan volumes and an uncertain global economy, the Canadian banks are fighting tooth and nail for growth, especially in residential mortgages, the largest single asset class on bank balance sheets. Competition has become so intense in some cases that lenders are offering home loans at break-even rates just for the sake of gaining market share.

When Mortgage Home Loans Interest Rates Dropped

Thu, 05 Aug 2010 15:37:43 -0500

Refinancing Obstacles - Mortgage rates dropped to the lowest level in decades for the sixth time in seven weeks, offering the most attractive opportunity for those who qualify to refinance or purchase a home.

30 Year Fixed Rate Mortgage June 2010

Thu, 03 Jun 2010 15:54:29 -0500

Hipotecas - Rates on 30-year fixed mortgages ticked up this week from the lowest level of the year. Freddie Mac said Thursday that the average rate rose to 4.79 percent, up from 4.78 percent last week. A year ago, the rate averaged 5.29 percent.