Feb
21
The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage buyer Freddie Mac says the rate on the 30-year loan dropped to 3.87 percent this week. That …
Permanent link to this article: http://www.greenbrierrealestateservices.com/mortgage-rates-hit-historic-low-again-the-9th-time-in-12-months/
Feb
21
JP Morgan Chase, Bank of America and Wells Fargo are being sued by the US Attorney General over an allegedly restrictive and inaccurate database that may have resulted in unfair foreclosures for many home buyers. The banks, which are some of the largest in America, are accused of creating and controlling access to a database …
Permanent link to this article: http://www.greenbrierrealestateservices.com/jp-morgan-boa-and-wells-fargo-sued-over-fraudulent-mortgage-it-system/
Feb
21
WASHINGTON – the average rate on 30-year fixed mortgages held steady at a record low for a third straight week, offering more incentive to those looking to buy a home or refinance. Mortgage buyer Freddie Mac said Thursday that the rate on 30-year home loans was unchanged at 3.87 percent. That’s the lowest level since …
Permanent link to this article: http://www.greenbrierrealestateservices.com/mortgage-rates-remain-at-record-low-3-87-a-3rd-week/
Feb
17
On a Monday morning last October, Covington police knocked on the door of a house in foreclosure. they got no response. Inside, police counted five teenage squatters, two wanted on outstanding warrants. they found broken furniture, stained carpets and rotting garbage. Upstairs there were many empty bottles of cough syrup that police say the squatters …
Permanent link to this article: http://www.greenbrierrealestateservices.com/business-technology/
Dec
14
At least one bank doing business in the Treasure Valley says too few eligible people are taking advantage of a federal program to help them refinance mortgages. Not enough people know about low-interest loans through the federal government’s Home Affordable Refinance Program, the Bank of the Cascades says. the program refinances mortgages for borrowers who …
Permanent link to this article: http://www.greenbrierrealestateservices.com/idaho-underwater-homeowners-may-qualify-for-refinance-programs/
Dec
08
Don’t miss these top stories: How to know whether it’s time to buy a home Best cities in the world for quality of living Readers’ refinance problems, complaints Best cities in the world for quality of living Some families in the process of losing their home to foreclosure will get a grace period during the …
Permanent link to this article: http://www.greenbrierrealestateservices.com/freddie-fannie-halt-evictions-for-the-holidays/
Dec
07
The average rate on the 30-year fixed mortgage hovered above its record low for a fifth straight week. despite the great opportunity, few have the means or stomach to buy or refinance in the depressed housing market. Freddie Mac said Thursday the rate on the 30-year home loan rose slightly to 4 percent from 3.98 …
Permanent link to this article: http://www.greenbrierrealestateservices.com/mortgage-rates-tick-up-to-4-percent-for-30-year-loan/
Dec
07
after a year characterized by grumpy partisan gridlock, Congress came up with a Thanksgiving compromise that could change the mortgage choices of buyers and refinancers in more than 660 markets across the country: it raised maximum loan limits for the Federal Housing Administration while leaving loan ceilings untouched for Fannie Mae and Freddie Mac. In …
Permanent link to this article: http://www.greenbrierrealestateservices.com/fha-takes-on-a-new-role/
Dec
04
Refinancing can be daunting, but the new HARP program may help some homeowners who are currently underwater. By John R. Lefferdink Last month, President Obama rolled out a revised version of the Home Affordable Refinance Program (HARP) in an attempt to aid underwater property owners struggling to refinance their homes. under the original HARP program, …
Permanent link to this article: http://www.greenbrierrealestateservices.com/obama%e2%80%99s-revised-harp-program-what-does-it-mean-and-who-stands-to-benefit/
Dec
03
Rates on 30-year fixed-rate mortgages fell below four percent for the second time this year, according to Freddie Mac’s latest survey of conforming mortgage rates. Rates on the 30-year mortgage averaged 3.99 percent for the week ending Nov. 10, down from four percent last week and 4.17 percent a year ago, McLean, Va.-based Freddie Mac …
Permanent link to this article: http://www.greenbrierrealestateservices.com/mortgage-rates-fall-below-4-percent/
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