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…
Tag Archives: Mortgage Lenders
‘Cash-in’ refinancing lets underwater homeowners take advantage of low interest rates
U.S. properties targeted for foreclosure rose 8% in first half
The number of U.S. properties subject to a foreclosure filing in the first half rose 8% from the same six-month period in 2009 but fell 5% from the second half of last year, RealtyTrac reported Thursday. » Read more…
Mortgage lending up 15% in June
Seasonal pick-up in mortgage loans – but experts predict activity will tail off later in the year as buyers ‘wait and see’ » Read more…
HUD Accepting Complaints About Mortgage Lenders
The Department of Housing and Urban Development said late Wednesday that it would investigate the lending practices of certain mortgage lenders to determine if any prospective borrowers had been illegally denied a mortgage because they were pregnant or on short-term disability. » Read more…
Current Mortgage Rates: July 30, 2010
The average interest rate for thirty-year and fifteen-year fixed rate mortgages continue to remain at record lows. » Read more…