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Mortgage Industry News for July 6, 2009


FHA Loan Interest Rate - FHA Mortgage Loan Rates
Interest Rate - FHA Mortgage Loan Rates Author Name Article Title Article Text Resource Box Number Times Read : 11 Word Count: 563 Categories House & Internet Stats Total Articles: 169692 Total Authors: 34793 Total Downloads: 3227718 Newest Member sunny arora Loan Interest Rate - FHA Mortgage Loan Rates - - By : Submitted 2009-07-03 11:23:52 At the moment, FHA mortgage rates have hit its historical ...
ArticleBliss.com - 2009-07-04 05:04:21

Mortgage Rates Slide Back
The average 30-year fixed mortgage rate pulled back to 5.70 percent this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.48 discount and origination points. The average 15-year fixed rate mortgage retreated to 5.07 percent, while the average jumbo 30-year fixed rate fell below the 7 percent mark to 6.91 percent. Adjustable rate mortgages ...
Mortgage Mag - 2009-07-04 02:02:32

Mortgage Apps Collapse as Refi Market Dries Up
U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday. The drop does not bode well for the hard-hit U.S. housing market, which has been showing some signs of stabilization, with sales rising and home price declines moderating in many regions of the country. The Mortgage Bankers Association ...
MoneyNews.com - 2009-07-04 06:41:53

An Insight into Mortgage Rate Comparisons
HTML Ready Article. Click on the 'Copy' button to copy into your clipboard. Mortgages are being opted by many these days. Banks are having a time of their time providing mortgage solutions to their customers. There was a decline in the mortgage field during the recent global economic meltdown, but matters are fast gaining their old pace. However, a common person is always confused when it comes to ...
ArticleBliss.com - 2009-07-04 00:59:12

Buy-to-Let Investors Jaded by the Mortgage Market
Latest Young Index results from Young Group show that buy-to-let investors have all but given up hope of a better mortgage deal. Results from the Q2 2009 survey of investor market sentiment show that fewer than 1 in 4 residential property investors are tracking their mortgage options on a regular basis. Only 24% of respondents now evaluate their mortgages at least every 6 months, compared to more than ...
PR-GB - 2009-07-04 00:47:11

The Mortgage Professor
Some of the most difficult questions I receive from readers concern the relationship between making extra mortgage payments and refinancing. I have never been very happy with my answers, and recently took a harder look at how making extra payments and refinancing are related. My hope was that if I understood it better, I could answer the questions better. This article reflects my current understanding, ...
Washington Post - 2009-07-04 00:13:09

Mortgage refinancing
Mortgage rates may be on the rise again, so now is the time to decide if should you refinance? Leif Thomsen, Mortgage Master 'The more you owe, the easier it is to make some real savings from your refinance.' Lenders say homeowners with good credit can get rates between 4% and 5% depending on the type of loan. That's a big drop from previous years. Leif Thomsen, Mortgage Master 'Rates are historically ...
WHDH-TV - 2009-07-04 08:25:13

Mortgage as a cocktail conversation killer
I realized shortly after entering the world of mortgage that any talk of my career was like dosing my friends with sedatives. Prior to mortgage I was in advertising. Prior to advertising I was in college with a lot of friends in the Humanities, living paycheck to paycheck. Stock markets, derivatives and Fed policy initiatives seemed irrelevant, distant and boring. I always found Economics intriguing. ...
Examiner.com - 2009-07-04 03:54:58

Mortgage Foreclosure, Tax Reform, Technology Lead New American City Agenda
The Council for the New American City met at the U.S. Conference of Mayors Annual Meeting on June 12, and identified upcoming tax reform and the role of technology in shaping future city economies as key issues the council will address over the coming year. The Council will also remain highly involved in its analysis of the mortgage foreclosure crisis and ongoing public and private efforts to address ...
U.S. Mayor Newspaper - 2009-07-04 00:29:19