We don't plan to sell our Florida home until the housing market here recovers. While we wait for prices to recover, we have decided to pay down our mortgage. According to a recent article from Bloomberg, home inventories are low because a lot of homeowners such as us are reluctant to sell in a buyer's market. By staying put, I think we can come out further ahead financially.
Published News
First Person: Staying Put Will Save Us $70,000 in Mortgage Interest
Posted by mortgage 1 day 6 hours ago (Editorial)
International City Mortgage Celebrates 25th Anniversary
Posted by mortgage 1 day 6 hours ago (Editorial)
International City Mortgage, a privately held residential mortgage banking direct lender, celebrates its 25th anniversary, citing focus on purchase transactions and a smart growth plan as major contributors to its longevity.ORANGE, CA (PRWEB) May 23, 2012 International City Mortgage (ICM) today announced that it is celebrating its 25th anniversary as a residential mortgage lender.Founded in 1987
How much you need to save for retirement
Posted by mortgage 1 day 6 hours ago (Editorial)
Follow this guide and work out exactly how much you need to save for a comfortable retirement.
HSH.com Weekly Mortgage Rates Radar: Fixed Mortgage Rates at New Record Low Again
Posted by mortgage 1 day 6 hours ago (Editorial)
HSH.com releases its latest Weekly Mortgage Rates Radar showing a downward drift in fixed mortgage rates from the previous week. The Weekly Mortgage Rates Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM). Average rates were mixed during the ...
BNZ joins mortgage rate war
Posted by mortgage 1 day 6 hours ago (Editorial)
BNZ has cut most of its fixed mortgage rates this morning, bringing its rates into line with cuts by other banks in the last two weeks.There has been slump of around 50-80 basis points in wholesale interest rates rates in the...
Fitch Takes Various Actions on Homeward Residential (Formerly American Home Mortgage Servicing, Inc)
Posted by mortgage 1 day 6 hours ago (Editorial)
Fitch Ratings has taken the following rating actions for Homeward Residential's U.S. Residential Servicer ratings as follows:
Finra Fines Citigroup $3.5 Million For Inaccurate RMBS Data
Posted by mortgage 1 day 6 hours ago (Editorial)
The Financial Industry Regulatory Authority has fined Citigroup Inc.'s (C) Global Markets group $3.5 million for allegedly posting inaccurate data about deals it was making on mortgage-backed securities during the subprime mortgage and housing market crisis.
FINRA Fines Citigroup Global Markets $3.5 Million for Providing Inaccurate Performance Data Related to Subprime ...
Posted by mortgage 1 day 6 hours ago (Editorial)
The Financial Industry Regulatory Authority announced today that it has fined Citigroup Global Markets, Inc. $3.5 million for providing inaccurate mortgage performance info
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Mortgage How to Get is an informational resource about mortgage news and information.