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Ally Financial Inc. (ALLY) , the auto and home lender bailed out by U.S. taxpayers, said first-quarter profit more than doubled as mortgage results improved.

Stable rates improve mortgage stress

Posted by mortgage 155 days ago (Editorial)
Mortgage stress fell across Aust in the six months to September 30 due to a period of stable interest rates.
One of the pleasures of owning a home is having the freedom to customize it to your liking for both the best quality of life and home resale value in Richardson TX and the Dallas area. Remodeling, especially for older homes, can make your house more functional and enjoyable.
CHICAGO, IL--(Marketwire - 05/16/11) - The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) decreased for the fifth consecutive quarter, dropping to 6.19 percent at the end of the first quarter in 2011. This is according to TransUnion and its ongoing series of quarterly analyses of credit-active U.S. consumers and how they are managing credit related to ...
Homeowners fail to take advantage of lower interest rates to refinance their mortgages, the latest weekly data compiled by the Mortgage Bankers Association show. The weakness in refinancings accounts for much of the latest drop in overall filings for mortgages, down 15.8% in the week ended June 12 from the prior week.

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