The Obama administration’s marquee foreclosure-prevention initiative continues to struggle, as government data released Monday show that fewer homeowners are enrolling in the program and more are losing their federal mortgage aid. » Read more…
Tag Archives: home prices
U.S. reports fewer enrollees, more dropouts in federal mortgage relief program
Posted by MORTGAGE BLOG NEWS on March 3, 2011
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Last chance for a decent mortgage?
Posted by MORTGAGE BLOG NEWS on March 3, 2011
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Mortgages could become harder to obtain, so it might pay to act now. » Read more…
Home refinancings not as numerous as expected with record low mortgage rate
Posted by MORTGAGE BLOG NEWS on March 3, 2011
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With 30-year home loan rates near 4.5 percent, refinancing is back in fashion.
But local mortgage reps say they are not seeing the flood of business they anticipated. » Read more…
Is a Low-Down Mortgage Right for You?
Posted by MORTGAGE BLOG NEWS on March 3, 2011
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Getting a low-down mortgage can provide you with a way to purchase a home without coming up with a large amount of money upfront. While this type of mortgage can be beneficial, there are a few potential drawbacks that you will need to know about also. Here are a few things to consider about low-down mortgages and how they work. » Read more…
‘Cash-in’ refinancing lets underwater homeowners take advantage of low interest rates
Posted by MORTGAGE BLOG NEWS on March 3, 2011
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Homeowners who owe so much on their mortgages that they can’t refinance may want to consider bringing some money to the table to take advantage of today’s near record-low interest rates. » Read more…