30 yr mortgage is preferred by most home owners as the monthly payments are spread over a longer period of time with the interest rate fixed for the entire loan terms in most cases. The 30 year loans are an industry standard but are you sure it is the right choice for you? As we [...]
ABC News Mortgagedelinquency and foreclosures reach record high in Q1TopNews United States, ArkansasAccording to data released by theMortgageBankers Association, the 2009 first quarter saw a record number of homeowners into delinquency or foreclosure, particularly due to the ever-increasing unemployment levels. As per the survey by the industry…Subprimes pave road to neighborhood ruinAtlanta Journal ConstitutionMortgageDelinquency Reaches Record [...]
Reuters Mortgagerates jump in OhioBizjournals.com, NCThe cost of amortgagetook a leap this week in Ohio, following a nationwide trend. The average 30-year fixed-ratemortgagein Ohio now carries a rate of 5.36 percent, up from 5.16 percent a week ago, according to Zillow.com.…USmortgagerate rise threatens housing recoveryReutersFederal Reserve puzzled by US yield curve steepeningguardian.co.ukMortgagerates: 30-year still risingCNNMoney.comMarketWatch -Boston Globeall [...]
PennsylvaniaMortgageScammer Charged With Trying to Hire Hit ManFOXNewsPHILADELPHIA — A man who has been cooperating with authorities after pleading guilty in a Philadelphia-areamortgagescam case has been charged with trying to hire a hit man to kill two people and maim a third. Authorities say Mahn Huu Doan was…Phila. man inmortgagescam accused of hiring hit manPhiladelphia [...]
New York Times Drag Me To Hell Over theMortgageCrisisAtlantic OnlineBut Drag Me To Hell is about a loan officer, played by Alison Lohman, responsible for processingmortgagesand foreclosures at a California bank. And the moral of the story is really quite clear: If evil banks continue to foreclose on the homes of…'Drag Me to Hell' Movie [...]