It didn't take much to stem the miniboom in mortgage refinancing. Slightly higher interest rates brought total loan application volume down 9 percent last week, according to the Mortgage Bankers Association …
SEATTLE — The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.66 percent, up 10 basis points from this time last week. The 30-year fixed mortgage rate rose through most of the week, …
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Manhattan Bancorp and Bank of Manhattan, N.A. today announced the signing of an asset purchase agreement with Wilshire Bancorp, Inc. in which Wilshire will acquire certain assets and assume certain liabilities of Bank of Manhattan’s Mortgage Lending Division.
Apollo Residential Mortgage, Inc. today announced the Company will hold a conference call to review its fourth quarter and full year 2014 financial results on Thursday, February 19, 2015 at 10:00 a.m.
There has never been a cheaper time to take out a mortgage, and there probably never will be. Yet surprisingly few people are taking advantage of this once-in-a lifetime opportunity to save money. Lenders …
NEW YORK ( MainStreet ) — When it comes to mortgage rates, we've heard the term “record lows” for years now. And while interest rates on home loans have wavered a bit, they've recently dipped to the lowest levels in nearly two years.
Being your own boss can come with a host of perks such as setting your own dress code (read: pajamas), a flexible schedule and a cubicle-less existence. But one financial benefit — tax write-offs — morphs into an ugly disadvantage when self-employed workers try to get a mortgage.
Black and Hispanic borrowers who apply for a conventional mortgage are denied twice as often as whites who apply for the same loans, according to Zillow.
Borrowers typically have to provide two years' worth of tax returns, which often don't accurately reflect the take-home pay of self-employed people. “How we qualify self-employed doesn't always agree with how the IRS says you can run your business legally,” says Pava Leyrer, training and development manager at Northern Mortgage Services in Grand Rapids, Michigan. Self-employed people can take …