The Good News That Does Not Get Reported: 1. Thirty-five percent of the homes in the U.S. do NOT have a mortgage. 2. Some 94.88 percent of the loans ARE performing. 3. The foreclosure problem in this country is really a story about seven states. 4. The biggest foreclosure problems are in Michigan, … (0 comments)
ANN ARBOR, MI - Subprime mortgages have now been credited for bankrupting well over 110 lenders and seriously damaging operations at many major mortgage firms. They've reportedly wiped out 5 hedge funds, tens of thousands of jobs, and have led to millions of … (0 comments)
subprime: Mortgage News You Can Use - 02/27/07 02:22 PM
February 27, 2007 Rate Watch - Mortgage rates fell in the past week. The 30-year fixed rate mortgage averaged 6.22%, down from 6.30% last week, according to Freddie Mac's Primary Mortgage Market Survey. Last year at this time, the 30-year averaged 6.26%. -- What happens overseas has an impact on our interest rates. … (0 comments)
Rate Watch - Mortgage rates rose on solid job news after holding steady the previous week. The 30-year fixed mortgage rate averaged 6.21% for the week ending Jan. 11, up from 6.18% the prior week, according to Freddie Mac. 15-year fixed mortgages also rose slightly to 5.96% … (0 comments)
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Mortgage News You Can Use
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