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Bankrate: Mortgage Rates Post Mixed Results

Posted by mortgage 48 days ago (Editorial)
NEW YORK, April 5, 2012 /PRNewswire/ --
NEW YORK, Jan. 26, 2012 /PRNewswire/ --
China?s home prices posted their worst performance this year with more than half of the 70 biggest cities monitored in November recording declines after the government reiterated plans to maintain property curbs.

Post Office slashes mortgage rates

Posted by mortgage 245 days ago (Editorial)
Competition in the mortgage market intensified today after the Post Office slashed rates on a range of "first-time buyer friendly" products.
Britain's nationalized mortgage lender Northern Rock reduced its losses Wednesday and said it expects to return to profit some time in the second half of 2012.
Hartford-West Hartford-East Hartford and New Haven-Milford rank among the lowest U.S. metropolitan areas where home mortgages were seriously delinquent amid subprime default levels that are among the highest in the country, a mortgage data tracker says.
In this photo made Friday, June 5, 2009, Jerry Turner stands in the living room of the Charleston W.Va. home his mortgage servicer, Select Portfolio, collected payments on for six years before he found out that it had been foreclosed on and later auctioned off.
Cherry Creek Mortgage Co. is among the lenders picking up the pieces in a shattered mortgage industry. About one out of every 500 mortgages made nationally this quarter is coming through the independent lender, compared with one out of every 2,000 back in 2004.

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Mortgage How to Get is an informational resource about mortgage news and information.