Cheapest-ever 10-year fixed mortgage launched
Fix your mortgage for a decade for under 3% courtesy of the Woolwich.
California seeking to suspend Ocwen Financial's mortgage license
The state is seeking to suspend the mortgage license of Ocwen Financial Corp., saying the payment collection firm has failed to turn over documentation showing that it complies with California laws protecting homeowners.
Mortgage rates plummet as lenders bid for business after demand decreased at end of 2014
The average interest rate for a two-year fixed rate home loan with at least a 25 per cent deposit was just 2.08 per cent in December. Demand dropped partially due to tough new lending rules.
Mortgage rates finally react to falling bond yields
Mortgage rates are the lifeblood of the housing market. The Fed’s plan to help housing began with pushing rates lower in order to allow people to refinance.
Capstead Mortgage Corporation Schedules Fourth Quarter 2014 Earnings Release and Conference Call
Capstead Mortgage Corporation announced today that it will release its fourth quarter 2014 results following the close of trading on the New York Stock Exchange on Wednesday, January 28, 2015.
Mortgage company beefs up staffing to prepare for Obama's FHA mortgage insurance rate cuts
INDEPENDENCE, Ohio, Jan. 12, 2015 /PRNewswire-iReach/ — NLC Loans™ is excited to announce ramped up staffing in response to the impending cuts to FHA mortgage insurance premiums initiated by President Obama on Thursday. The Ohio-based company's personal mortgage advisors and customer service associates are ready to assist both potential and existing homeowners take advantage of savings that …
Mortgage REIT highlights: A mixed jobs report
Last week had some key data for the REIT sector, starting with the FOMC minutes on Wednesday. The minutes were taken as slightly dovish.
5 Credit Card Mistakes That Could Keep You From Getting a Mortgage
Gearing up to apply for your first mortgage is equal parts exciting and terrifying. To calm your (understandable) jitters, you've probably done a lot of reading about interest rates, points, homeowners association fees and the like. After all, knowledge is power.
FHA Lowering Premiums Puts Pressure on Private Mortgage Insurers
Private mortgage insurers in the United States may have to cut premiums to better compete with the Federal Housing Administration, which plans to reduce premiums in the government’s latest attempt to encourage first-time homebuyers. Companies such as MGIC Investment Corp. … The article FHA Lowering Premiums Puts Pressure on Private Mortgage Insurers appeared first on Insurance Journal .
Now millions face mortgage 'porting' woes when moving
Lenders are using new rules to get rid of unprofitable customers – and all borrowers who want to move house are paying the price