WASHINGTON (MarketWatch) - The average rate on the 30-year fixed-rate mortgage remained at 3.87% in the week ending Feb. 9, matching a record low set in the prior week, Freddie Mac said Thursday in its weekly report on mortgage rates. The 30-year mortgage data go back to 1971. A year ago, the 30-year rate was at 5.05%. To obtain the latest rate, payment of an average 0.8 point was required ...
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30-year mortgage rate matching record low of 3.87%
Posted by mortgage 15 hours ago (Editorial)
Bad home loans top $72B in ?colossal failure?
Posted by mortgage 15 hours ago (Editorial)
WASHINGTON - Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry?s practices.
Bankrate: Mortgage Rates Up Slightly
Posted by mortgage 15 hours ago (Editorial)
NEW YORK, Feb. 9, 2012 /PRNewswire/ -- Mortgage rates moved slightly higher this week, with the average 30-year fixed mortgage rate rising to 4.14 percent, according to Bankrate.com's weekly national survey. ...
Don't overlook tax break of mortgage points
Posted by mortgage 15 hours ago (Editorial)
Taxes
Scarlett Johannson and Ryan Reynolds List Shared Home
Posted by mortgage 15 hours ago (Editorial)
When Scarlett Johannson and Ryan Reynolds announced their engagement in 2008, it seemed like an A-Lister match made in Hollywood heaven, akin to the beautiful pairing of Brad Pitt and Jennifer Aniston. Unfortunately, like Brad and Jen, the celebrity union didn?t last and after three years of marriage, Scarlett and Ryan filed for divorce.
Zillow Launches Zillow Mortgage Marketplace Android App
Posted by mortgage 15 hours ago (Editorial)
SEATTLE, Feb. 8, 2012 /PRNewswire/ -- Zillow
Bad Home Loans Top $72B for Banks
Posted by mortgage 15 hours ago (Editorial)
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry?s practices.
Fitch Affirms GMAC Mortgage's Residential Primary & Special Servicer Ratings; Outlook Negative
Posted by mortgage 15 hours ago (Editorial)
Fitch Ratings has affirmed the following U.S. residential mortgage servicer ratings for GMAC Mortgage LLC as follows (These servicer ratings formerly were under the name of
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