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3 Steps to Deciding a 30- vs. 15-Year Mortgage
Posted by mortgage 19 days ago (Editorial)
Wells Fargo's mortgage dominance worries regulators and investors
Posted by mortgage 19 days ago (Editorial)
With Bank of America and Citigroup taking a back seat, Wells is now originating 34% of all home loans. Some are worried that any distress at the San Francisco bank could roil the housing market. Wells Fargo & Co. has become so dominant in the mortgage business that major investors and federal regulators are worried that a financial hiccup at the giant bank could roil the already beleaguered real
Fifth Third Mortgage Company to Help Consumers through Enhanced Home Affordability Refinance Program (HARP 2.0)
Posted by mortgage 23 days ago (Editorial)
Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank, and the 14th largest originator in the country announces its involvement in the government?s recent enhancements to the Home Affordability Refinance Program .
The Return of Subprime: Why Loans Are Again Going to Ailing Consumers
Posted by mortgage 41 days ago (Editorial)
The Return of Subprime: Why Loans Are Again Going to Ailing Consumers
Mortgage Rates Drop Attracting Renewed Interest From Consumers According To BurlingtonMortgage.biz
Posted by mortgage 50 days ago (Editorial)
BurlingtonMortgage.biz announces that mortgage shopping is on the increase as mortgage rates fall.Wilmington, NC (PRWEB) April 03, 2012 Mortgage rates have fallen after two weeks of increases, reports mortgage rate research website, BurlingtonMortgage.biz. The lower pricing has piqued the interest of mortgage shoppers and as a result page views on the website are up fifteen percent for the week .
Mortgage Rates May Have Bottomed Out As Investors Flee US Treasury Bonds
Posted by mortgage 51 days ago (Editorial)
If you?re still waiting for mortgage rates to plummet even further than they have since the mortgage meltdown you may have missed that bottom. After falling to the lowest point below 4 percent in February the cost of a 3o-year mortgage rose above 4 percent for the first time since October 2011. Economists predict that [...] Mortgage Rates May Have Bottomed Out As Investors Flee US Treasury Bonds
Investors Bullish On Subprime, Nonagency Mortgage Bonds - Survey
Posted by mortgage 53 days ago (Editorial)
The market for subprime and other risky residential mortgage bonds may draw enough demand to overshadow the profit-taking that has marked some of the trading this month, according to a survey taken by J.P. Morgan Chase & Co. this week.
Consumers Split on Mortgage Lender They Trust the Most: Banks or Credit Unions
Posted by mortgage 57 days ago (Editorial)
Consumers put the most trust in banks, slightly more than credit unions, when seeking a mortgage. Each is trusted far more than other lender types, such as government institutions, by consumers shopping for a mortgage loan, according to a recent FreeScore.com survey. Results revealed about 1 in 3 respondents trusted banks the most, and less than 1 in 3 trusted credit unions most. Surprisingly ...
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