Interest rates have bounced around historical lows for years, yet a surprising number of homeowners who could benefit from a refinancing still haven’t taken advantage of the potential cost savings, Ed Conarchy, a mortgage adviser for Cherry Creek Mortgage in Gurnee, Illinois, said in a new Bankrate report issued Monday. The Mortgage Bankers Association forecasted that rates might increase to a …
On Friday, the Federal Housing Finance Agency (FHFA), regulator of Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FMCC), proposed new minimum financial eligibility rules for non-bank mortgage sellers who originate and service mortgages for the two government-owned enterprises.
When it comes to getting a mortgage loan, homebuyers have fewer options than they had during the boom years. From the early 2000s until 2008, lenders were much more willing to float exotic loans based on risky terms, but they have returned to safe and sensible home financing.
Many Americans would be untroubled by double-digit mortgage rates and an alarming number say they are not sure what the rate on their mortgage is, according to a survey commissioned by Bankrate.
The Qld suburb of Kingston leads the nation when it comes to homeowners falling behind on their mortgage.
Capstead Mortgage Corporation today announced financial results for the quarter ended December 31, 2014.
In the post-recession business world, how do you become the highest-rated, fastest-growing stand-alone mortgage insurance provider in the country? By challenging conventional wisdom.
The ten-year bond fell 4 basis points and mortgage rates rose 3 basis points to 3.84%. The MBA Mortgage Bankers Index jumped substantially twice in a row.
Angel Oak Mortgage Solutions announced today that its non-agency mortgage products are now available to third party lenders through a mini-correspondent channel. The platform provi
PennyMac Mortgage Investment Trust will announce results for the quarter and year ended December 31, 2014 in a news release to be issued after the market close on Wednesday, February 4, 2015.