Will Affordable US Houses Hurt Private Mortgage Insurers? – Analyst Blog
Obama announced yesterday, at a high school in Phoenix, that annual mortgage premium charged by Federal Housing Administration (FHA) will be trimmed by 50 basis points.
Newly aggressive FHA puts squeeze 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 …
We Already Know Where Mortgage Rates Are Heading in 2015
NEW YORK ( MainStreet ) — Average 30-year-fixed mortgage rates are running just a tad above their 3.31% all-time lows, but economists predict 2015 will be the last hurrah for sub-4% home loans — and possibly even for sub-5% ones, too.
JPMorgan to pay $500 million in Bear Stearns mortgage settlement: source
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co has agreed in principle to settle class action litigation arising from Bear Stearns' sale of $17.58 billion of mortgage securities that proved defective during the recent U.S. housing and financial crises. The largest U.S. bank, which bought Bear in 2008, will pay roughly $500 million to investors led by a group of pension funds, a …
Firm Capital Mortgage Investment Corporation – Confirmation of Special Year-End Dividend Amount and Reminder to …
Firm Capital Mortgage Investment Corporation – Confirmation of Special Year-End Dividend Amount and Reminder to Shareholders of the DRIP and Share Purchase Plan Programs
US mortgage rates hit new lows; not a lot more buyers biting
Average U.S. mortgage rates started the year by dipping to new lows, with the benchmark 30-year rate marking its lowest level since May 2013. The ongoing decline in mortgage rates would appear to be a …
Obama cutting mortgage fees for FHA borrowers: Good news for housing market?
The Obama administration is reducing mortgage-insurance fees that promises to make home loans more accessible to first-time home buyers – a move that could boost the housing market but with some potential risks to US taxpayers.
Obama to Ease Mortgage Rules for 800,000 Low-Income Households
President Obama today announces a new executive action today designed to make it easier for lower-income Americans to purchase homes, but some experts are worried that increasingly loose housing policy …
Mortgage rates tumble
Average interest rates on fixed-rate mortgages fell this week to their lowest level since May 2013, Freddie Mac said Thursday.
U.S. Mortgage Rates Fall With 30-Year at a 19-Month Low
U.S. mortgage rates dropped to the lowest level in more than a year and a half as falling oil prices and concerns about the strength of the euro drove investors to the safety of the U.S. government bonds that guide borrowing costs.