Mortgage rates fell this week over disappointing March job growth numbers, uncertainty about the ongoing debt crisis in Europe, and slower projected growth in corporate earnings, Bankrate.com reported Thursday in its weekly national survey.
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Mortgage Rates Fall On Poor Job Growth: Bankrate.com Report
Posted by mortgage 41 days ago (Editorial)
Mortgages- When a Co-Borrower Has Poor Credit
Posted by mortgage 179 days ago (Editorial)
There are ways to raise a FICO score, but in some instances it may be necessary to hold off on a home purchase in order to clean up one applicant?s credit report, or try to go it alone.
Mortgage scams flourish amid poor economy
Posted by mortgage 277 days ago (Editorial)
Most of the victims of mortgage scams reach out to the scammers themselves through Internet searches.
India's Subprime Takes Off, Delivers Homes For the Poor
Posted by mortgage 371 days ago (Editorial)
The loan scheme, which lends to the financially-excluded, has made urban home ownership a reality for the poor.
401(k) is poor source of refinance funds (Bankrate.com)
Posted by mortgage 1015 days ago (Editorial)
Dear Dr. Don, A year or so ago, my 401(k) account was worth $265,000. Now it is worth $134,000. My mortgage balance is $289,000, while the home's value -- at least according to Zillow.com -- is now about $275,000. I have a 5/1 interest-only adjustable-rate mortgage at 5.5 percent with its first interest rate reset in August 2010. I am 62 years old.
401(k) is poor source of refinance funds (Bankrate.com via Yahoo! Finance)
Posted by mortgage 1015 days ago (Editorial)
It's likely a mistake to raid a 401 retirement fund and use the funds for a mortgage refinance.
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